Education
About Us
Working with TipRanks
Follow Us
Otis Worldwide (OTIS)
NYSE:OTIS
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.02Last Year’s EPS
1.06Same Quarter Last Year
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 0.38%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Otis Worldwide Corporation's strong service-driven business model, dividend increase, and achievements in modernization and service growth. However, challenges in new equipment sales, particularly in China and the Americas, and the impact of tariffs weighed on the company's performance. Despite these challenges, the company's strategic initiatives and recognition indicate resilience and a focus on future growth.Company Guidance
During the first quarter of 2025 earnings call for Otis Worldwide Corporation, several key metrics and guidance points were discussed. The company reported flat organic sales, with service sales up 4% offsetting a decline in new equipment sales. Modernization orders saw a 12% increase, and the backlog grew by 14% at constant currency. The maintenance portfolio expanded by 4%, with an adjusted operating margin increasing by 40 basis points, resulting in a 5% growth in adjusted EPS. The company generated $186 million in adjusted free cash flow and executed $250 million in share repurchases. Otis Worldwide announced an 8% dividend increase, bringing the cumulative increase to 110% since its spin-off. The 2025 outlook includes net sales between $14.6 and $14.8 billion, with adjusted operating profit expected to be $2.4 to $2.5 billion, despite anticipated tariff impacts on new equipment operations. Adjusted free cash flow is projected at approximately $1.6 billion, with $800 million earmarked for share repurchases. The company anticipates service organic sales to grow between 5% and 7%, supported by a robust service-driven business model.Five-Year Milestone and Shareholder Returns
Otis Worldwide Corporation celebrated its fifth anniversary as an independent public company, expanding adjusted operating profit margins by 220 basis points and growing adjusted EPS over 70% since 2019. The company has more than doubled its dividend and returned $6 billion of capital to shareholders.
Q1 Financial Performance
Otis Worldwide Corporation reported solid first-quarter results, with service organic sales growth of 4%, modernization orders up 12%, and a 14% increase in the backlog at constant currency. Adjusted EPS grew 5% in the quarter.
Dividend Increase
The company announced an 8% increase in its dividend, bringing the cumulative increase since the spin-off to approximately 110%.
Modernization and Service Growth
Modernization orders grew 12%, with China as a standout performer. The service portfolio grew 4% across all regions, with China showing low teens growth.
Recognition and Awards
Otis Worldwide Corporation was recognized by Fortune as one of the world's most admired companies and was named to Wall Street Journal's best managed companies list.
---
OTIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
OTIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $98.52 | $91.90 | -6.72% |
Jan 29, 2025 | $95.08 | $93.87 | -1.27% |
Oct 30, 2024 | $100.14 | $97.09 | -3.05% |
Jul 24, 2024 | $96.78 | $89.94 | -7.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Otis Worldwide (OTIS) report earnings?
Otis Worldwide (OTIS) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Otis Worldwide (OTIS) earnings time?
Otis Worldwide (OTIS) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTIS EPS forecast?
OTIS EPS forecast for the fiscal quarter 2025 (Q2) is 1.02.
---
