, /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If ...

Core Insights - Otis is launching new flexible modernization solutions, Arise™ MOD Prime and Arise™ MOD Plus, aimed at upgrading outdated elevator systems in Europe, particularly in low- to mid-rise residential and commercial buildings [2][4][10] - The modernization packages allow customers to control the upgrade process in phases, aligning with their budget and operational needs [4][7][8] Company Overview - Otis is recognized as the world's leading elevator and escalator manufacturing, installation, and service company, moving approximately 2.4 billion people daily and maintaining around 2.4 million customer units globally [3][10] - The company employs 72,000 people, including 44,000 field professionals, and operates in over 200 countries and territories [10] Product Features - The Arise™ MOD solutions enhance elevator safety and efficiency, complying with the latest European safety standards [7][8] - Energy consumption can be reduced by up to 50% compared to legacy non-regenerative geared systems and up to 75% compared to hydraulic systems through the use of Otis ReGen™ drive technology [8] - The modernization packages include advanced features such as improved elevator control systems, new geared machines, and enhanced ride quality options [8][12] Customer Benefits - Customers can choose the level, cost, and pace of modernization, allowing for informed decision-making and phased planning [7][8] - Otis provides expert guidance to help customers select the best solutions for their specific building needs [8] - The new systems aim to minimize unplanned disruptions and reduce the frequency of repairs and shutdowns [4][8]

CYPRESS, Calif.--(BUSINESS WIRE)--The Elevator and Escalator Division of Mitsubishi Electric US, Inc., (Mitsubishi Electric), headquartered in Cypress, California, proudly commemorates 40 years of service in the United States, marking four decades of innovation, quality, and customer-first excellence in vertical transportation. Since entering the U.S. market in 1985, Mitsubishi Electric US, Inc., has grown from a single-office operation to a trusted name in elevator and escalator systems nation. ...

Group 1 - The conference featured a closing presentation by Otis, with CEO Judy Marks delivering remarks [1][3] - Judy Marks emphasized that the discussion would focus on results from continuing operations, excluding restructuring and significant nonrecurring items [2] - A reconciliation of financial results can be found in Otis' second quarter earnings presentation on their Investor website [2]

Core Viewpoint - The Otis Made to Move Communities program focuses on empowering students to develop STEM-based mobility solutions to address challenges posed by natural disasters, enhancing workforce readiness and innovation in the elevator and escalator industry [3][4][11]. Group 1: Program Overview - The Made to Move Communities program is a global initiative that engages students in creating solutions for real-world mobility issues, particularly in the context of natural disasters [10][11]. - Since its inception in 2020, the program has reached over 1,000 students and provided more than $1.25 million in grants to support STEM education in schools worldwide [2][12]. Group 2: Participation and Impact - This year, over 200 students from 25 schools across 18 countries and territories will participate, working alongside more than 150 Otis mentors [6][12]. - The program encourages students to explore real-world challenges related to mobility and develop innovative solutions, fostering skills such as empathy, teamwork, and problem-solving [8][9]. Group 3: Focus on Natural Disasters - The theme of natural disasters for this year's program aligns with the increasing frequency and intensity of such events, which have reportedly increased at least five-fold over the past fifty years [13][14]. - The initiative aims to inspire students to leverage STEM solutions to build more resilient communities and support first responders during disasters [6][14].

Core Insights - Otis has been selected by the Land Transport Authority (LTA) to provide escalators and elevators for Singapore's new Cross Island Line, enhancing the public transport experience [1][3][4] Company Overview - Otis is a global leader in elevator and escalator manufacturing, installation, and service, moving 2.4 billion people daily and maintaining approximately 2.4 million customer units worldwide [8] Project Details - The Cross Island Line will be the longest fully underground MRT line in Singapore, connecting major hubs such as Jurong Lake District, Punggol Digital District, and Changi regions [3] - Otis will supply 336 heavy-duty escalators and moving walkways, along with 186 Gen3™ elevators for this project [1] Technology and Innovation - The Gen3 connected elevator platform integrates Otis' proven Gen2® design with the Otis ONE™ IoT digital platform, providing real-time performance data and predictive insights to enhance reliability and reduce downtime [6] - Otis' heavy-duty escalators are designed for high-traffic environments, featuring passenger-sensing standby mode and high-performance efficient motors [5] Previous Experience - Otis has a history of supporting various MRT projects in Singapore, including installations across the North-South Line, East-West Line, North-East Line, Downtown Line, Tuas West Extension, and Thomson-East Coast Line Stages 1 to 3 [7]

Group 1 - Otis Worldwide Corporation declared a quarterly dividend of $0.42 per share, payable on September 5, 2025, to shareholders of record by August 15, 2025 [1] - Otis is the world's leading elevator and escalator manufacturing, installation, and service company, moving 2.4 billion people daily and maintaining approximately 2.4 million customer units globally [2] - The company employs 72,000 people, including 44,000 field professionals, and operates in over 200 countries and territories [2] Group 2 - The company emphasizes its commitment to meeting diverse customer needs through its extensive service portfolio [2] - Otis maintains a strong market presence and is focused on innovation in manufacturing, installation, and maintenance of its products [2]

Core Insights - The article expresses a personal affinity for Otis Worldwide (NYSE: OTIS) and highlights the author's disappointment in encountering a different elevator brand during a recent hotel visit [1]. Company Overview - Otis Worldwide is recognized as a leading company in the elevator industry, with a focus on quality and innovation [1]. Investment Perspective - The author emphasizes a long-term investment strategy, particularly in high-quality, dividend-paying companies, indicating a belief in the stability and growth potential of Otis Worldwide [1].

Core Viewpoint - Otis Worldwide (OTIS) is experiencing significant selling pressure, with a recent decline of 8.4% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus for better-than-expected earnings [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is overbought or oversold, with readings below 30 typically signaling an oversold condition [2] - OTIS has an RSI reading of 29.49, suggesting that the heavy selling may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts for OTIS, with earnings estimates for the current year being raised, resulting in a 0.6% increase in the consensus EPS estimate over the last 30 days [6] - An upward trend in earnings estimate revisions is generally associated with price appreciation in the near term [6] Group 3: Analyst Ratings - OTIS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]

| (dollars in millions, except per share amounts) | Quarter Ended June 30, | | | Six Months Ended June 30, | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 2025 2024 Y/Y | | | Y/Y 2024 (CFX) 2025 | | Y/Y | Y/Y (CFX) | | Net sales | $ 3,595 $ 3,601 — % | | | (1) % $ 6,945 $ 7,038 (1) % | | | — % | | Organic sales growth | | | | (2) % | | | (1) % | | GAAP | | | | | | | | | Operating profit | $ 570 $ | 547 $ | (23) | $ | 958 $ | 1,114 $ (156) | | | Operating profit margin | 15.2 % 15.8 % (60) bps ...