Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
Otis Worldwide Corporation remains a portfolio favorite, despite a 27.5% share price decline over the past year driven by China headwinds. OTIS trades well below its 5-year average multiple, with a forward P/E of 16.95x and a compelling 66% upside potential if it re-rates to 25x earnings by 2028. Recent initiatives—cost savings, a majority stake in WeMaintain, and a new elevator for data centers—position OTIS for margin recovery and growth.
Otis CEO Judy Marks says there's growing demand for skilled elevator mechanics around the world. Otis offers an apprenticeship program starting at age 18 and tuition perks for workers.
Total Organic Sales Growth: Increased 1% in the quarter.Organic Service Growth: Increased 5% with broad-based strength across all service lines.Maintenance and
OTIS' Q1 results show Service repair strength and modernization orders, but tariffs, investments and Middle East delays squeeze margins.
Otis Worldwide Corporation (OTIS) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Otis Worldwide (OTIS) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Otis Worldwide (OTIS) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.92 per share a year ago.
Otis Worldwide Corporation OTIS is scheduled to report first-quarter 2026 results on April 22, 2026, before the opening bell. In the last reported quarter, the company's adjusted earnings came in line with the Zacks Consensus Estimate, but net sales missed the same.
Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Otis Worldwide Corporation (OTIS) Presents at JPMorgan Industrials Conference 2026 Transcript