Otis's resilient service-driven business model generates high-margin, recurring revenue, insulating it from cyclical downturns and justifying premium valuation multiples. Despite a Q2 revenue miss and weak new equipment outlook, service and modernization segments remain strong, with a robust $18.6B backlog supporting future growth. Cost-saving initiatives and pricing power offset tariff impacts...
FARMINGTON, Conn. , July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock.
OTIS' Q2 earnings miss and revised 2025 outlook triggered a steep sell-off, with persistent headwinds, especially in China and New Equipment segment. Despite near-term volatility from tariffs and weak demand, OTIS' Uplift and China transformation programs should drive cost savings and future profitability. Dividend remains well-covered and buybacks continue, supporting shareholder returns even ...
Otis Worldwide Corporation (NYSE:OTIS ) Q2 2025 Earnings Conference Call July 23, 2025 8:30 AM ET Company Participants Robert Quartaro - Vice President of Investor Relations Judith Marks - Chair, President & CEO Cristina Mendez - Executive VP & CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners, LLC Nigel Coe - Wolfe Research, LLC Nicole DeBlase - Deutsche Bank AG, Re...
Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025 • Service net sales up 6% with organic sales up 4%
I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and global housing markets, resulting in declining new equipment sales. Management's optimism on China's recovery appears premature, especially amid continued property price declines and U.S.-China ta...
FARMINGTON, Conn. , July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m.
CAIRO , July 8, 2025 /PRNewswire/ -- To enhance the quality of life for its residents, Tatweer Misr, one of Egypt's leading real estate developers, has selected Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, to supply and install smart vertical mobility solutions across its urban communities. Tatweer Misr's current engagement with ...
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