Otis Worldwide Q2 Earnings Top, Sales Miss, 2025 Sales View Down
Key Takeaways Q2 EPS of 3.6B, hurt by a 10% drop in New Equipment revenues. Service sales rose 6% YoY with modernization backlog up 16%, lifting segment margin to 24.9%. OTIS lowered 2025 sales and FCF guidance, now seeing just 1-2% revenue growth and 1.5B in FCF.Otis Worldwide Corporation (OTIS) reported mixed results in the second quarter of 2025, wherein adjusted earnings surpassed the Zacks Consensus Estimate while net sales missed the same. On a ...