Otis Worldwide Q2 Earnings Top, Sales Miss, 2025 Sales View Down

Key Takeaways Q2 EPS of $1.05 topped estimates, but sales fell short at $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 $1.4-$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 ...