Otis (OTIS) Q2 2025 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]
Otis Worldwide Corporation (OTIS)
Company Research
Source: Globe and Mail, The
Chair, Chief Executive Officer, and President — Judith Marks Executive Vice President and Chief Financial Officer — Cristina Mendez Takeaways Service Segment Operating Margin -- Expanded 20 basis points to a record 24.9% in the quarter, driven by higher volume, favorable pricing, and productivity gains. Organic Service Sales Growth -- Increased 4%, with growth in all lines of business and across all regions. Modernization Orders -- Rose 22% with ending backlog up 16% at constant currency, reflecting backlog acceleration for future growth. New Equipment Orders -- Down 1%; however, excluding China, orders rose 11%, offset by more than 20% decline in China due to economic challenges. Backlog Trends -- Combined New Equipment and modernization backlog flat year over year, but increased 10% excluding China, positioning the company well for future quarters. Net Sales -- Delivered at $3.6 billion, flat year over year, with organic sales down 2% due to declines in New Equipmen
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OTIS
News
- Otis Worldwide (OTIS) was given a new $88.00 price target by Morgan Stanley.MarketBeat
- 2 Large-Cap Stocks Worth Investigating and 1 We Turn Down [Yahoo! Finance]Yahoo! Finance
- Otis Worldwide (OTIS) had its price target lowered by Royal Bank Of Canada from $110.00 to $105.00. They now have an "outperform" rating on the stock.MarketBeat
- Otis Worldwide: Lackluster Margin Progress Is A Notable Headwind [Seeking Alpha]Seeking Alpha
- Otis Worldwide (OTIS) was given a new $105.00 price target by UBS Group AG.MarketBeat
OTIS
Earnings
- 4/22/26 - Miss
OTIS
Sec Filings
- 4/23/26 - Form 10-Q
- 4/22/26 - Form 8-K
- 4/17/26 - Form ARS
- OTIS's page on the SEC website