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via seekingalpha.comBusiness & Companies

Otis forecasts 2026 adjusted EPS of $4.01-$4.05 and net sales of $15.1B-$15.3B

FROM THE WIRE · SEEKINGALPHA.COM

Earnings Call Insights: Otis Worldwide Corporation (OTIS) Q3 2026 MANAGEMENT VIEW * "We delivered a solid third quarter with continued progress across the business" and "we see healthy demand and strong momentum in Service," while "Modernization" was described as "one of the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAnnual guidance with strong modernization growth, relevant for the stock but not sector-wide.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Organic sales grew 6% in the third quarter.
  2. 02Modernization organic sales rose 20%, with backlog up 20% at constant currency.
  3. 03Service operating margin rose 100 basis points sequentially to 24.2%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Otis Worldwide CorporationOTISStock73.08 USD-0.21%today -1.50%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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