Otis Worldwide sees FY26 adjusted EPS $4.20-$4.24, consensus $4.24

Narrows FY26 revenue view to $15.1B-$15.3B from $15B-$15.3B, consensus $15.05B. Narrows FY26 adjusted free cash flow view to $1.6B-$1.65B from $1.6B-$1.67B. Narrows FY26 adjusted operating profit view to $2.5B from $2.5B-$2.6B. Judy Marks continued, “While underlying demand remains solid as reflected in our order activity, we faced near-term pressures, reflected in our Service margins, from cost headwinds and investments in growth. We are taking decisive actions focused on operational execution, pricing, and cost efficiency to address these pressures, while continuing our disciplined capital allocation to drive long-term shareholder value. The combination of our increasing backlog, pricing actions, and disciplined execution give us confidence in growing momentum into the second quarter and remainder of the year.”