OTIS

Dover Corporation (DOV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $2.72 per share in its upcoming report, which represents a year-over-year change of +11.5%. Revenues are expected to be $2.21 billion, up 8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.25% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant f...

Wall Street expects a year-over-year decline in earnings on higher revenues when Otis Worldwide (OTIS) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $1.00 per share in its upcoming report, which represents a year-over-year change of -4.8%. Revenues are expected to be $3.72 billion, up 3.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.16% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for pos...

FARMINGTON, Conn., July 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 22, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's second quarter results and 2026 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 you are unable to join via the webcast, please contact Otis investor relations ([email protected]) for alternative dial-in information. Additional investor updates are also available on www.otis.com from time to time. About OtisOtis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo. Media Contact:Katy [email protected] Investor Relations Contact:Imelda [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/otis-second-quarter-2026-earnings-advisory-302814587.html

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $28.1 billion by market cap, the company offers elevators, escalators, and other moving products. The elevator giant is expected to announce its fiscal second-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect OTIS to report a profit of $1.01 per share on a diluted basis, down 3.8% from $1.05 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion. Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better Nvidia Is Still a Bargain. Analysts See 57% Upside in NVDA Stock. McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect OTIS to report EPS of $4.20, up 3.7% from $4.05 in fiscal 2025. Its EPS is expected to rise 10.2% year over year to $4.63 in fiscal 2027. OTIS stock has underperformed the S&P 500 Index’s ($SPX) 19.9% gains over the past 52 weeks, with shares down 25.3% during this period. Similarly, it underperformed the State Street Industrial Select Sector SPDR ETF’s (XLI) 24.5% gains over the same time frame. On Apr. 22, OTIS shares closed down more than 1% after reporting its Q1 results. Its adjusted EPS of $0.89 fell short of Wall Street expectations of $0.91. The company’s revenue was $3.6 billion, topping Wall Street forecasts of $3.5 billion. OTIS expects full-year adjusted EPS in the range of $4.20 to $4.24, and revenue in the range of $15.1 billion to $15.3 billion. Analysts’ consensus opinion on OTIS stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 14 analysts covering the stock, five advise a “Strong Buy” rating, one suggests a “Moderate Buy,” seven give a “Hold,” and one recommends a “Strong Sell.” OTIS’ average analyst price target is $91.61, indicating a notable potential upside of 25.6% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally pub...

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Otis (NYSE:OTIS) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 13 general industrial machinery stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.1% while next quarter’s revenue guidance was 0.6% above. Thankfully, share prices of the companies have been resilient as they are up 6.4% on average since the latest earnings results. Credited with inventing the first hydraulic passenger elevator, Otis Worldwide (NYSE:OTIS) is an elevator and escalator manufacturing, installation and service company. Otis reported revenues of $3.57 billion, up 6.4% year on year. This print exceeded analysts’ expectations by 1.7%. Despite the top-line beat, it was still a mixed quarter for the company with a solid beat of analysts’ revenue estimates but a slight miss of analysts’ organic revenue estimates. "Otis delivered a solid quarter, with net sales up 6%. All Service lines of business grew, led by repair which grew 16% at actual currency and 10% organically. Orders and backlog strengthened: modernization orders were up 11% and backlog was up 30% at constant currency. New Equipment orders grew 1% and backlog grew 3% at constant currency. Otis delivered operating cash flow of $413 million and adjusted free cash flow of $272 million, up significantly from a year ago," said Chair, CEO & President Judy Marks. Unsurprisingly, the stock is down 9.9% since reporting and currently trades at $71.09. Is now the time to buy Otis? Access our full analysis of the earnings results here, it’s free. Founded in 1895, Albany (NYSE:AIN) is a global textiles and materials processing company, specializing in machine clothing for paper mills and engineered composite structures for aerospace and other industries. Albany reported revenues of $311.3 million, up 7....

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Otis Worldwide (OTIS) is back in focus after mixed first quarter results, with margin pressure and a lowered profit outlook contrasted by a record modernization backlog and a global launch of the Otis Link MOD suite. See our latest analysis for Otis Worldwide. The launch of Otis Link MOD and the record modernization backlog have arrived just after a weak patch for the stock, with the share price down 19.64% over 90 days and the 1-year total shareholder return declining 23.28%. However, a 1-day share price return of 1.59% and a 7-day gain of 2.48% suggest sentiment has begun to improve. If this mix of short term pressure and long term themes has your attention, it could be a good moment to scan for other infrastructure and building-technology plays through our 35 power grid technology and infrastructure stocks With the stock down sharply over the past year, yet trading at roughly a 28% discount to one estimate of intrinsic value and almost 30% below analyst targets, you have to ask: is this a reset buying opportunity, or is the market already pricing in future growth? Otis Worldwide's most followed narrative points to a fair value of $94.36, compared to the last close at $72.77, putting the debate squarely on how much of its future is already embedded in the price. Read the complete narrative. Curious how a record backlog, steady service expansion, and a richer profit mix all feed into that valuation gap? The narrative leans on compound revenue growth, rising margins, and a future earnings multiple that still sits below one industry benchmark, but the exact mix of those inputs is where the story gets interesting. Result: Fair Value of $94.36 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to weigh risks such as prolonged weakness in China and softer commercial real estate demand, which could challenge new equipment orders and modernization volumes. Find out about the key risks to this Otis Worldwide narrative. Seeing both opportunity and concern in this story? Act while the details are fresh in mind and weigh up the 4 key rewards and 2 important warning signs If Otis has sharpened your focus, do not stop here. Broaden yo...

It has been about a month since the last earnings report for Otis Worldwide (OTIS). Shares have lost about 9.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Otis Worldwide due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Otis Worldwide Corporation before we dive into how investors and analysts have reacted as of late. Otis Worldwide reported mixed first-quarter 2026 results, wherein earnings missed the Zacks Consensus Estimate and declined year over year. Meanwhile, net sales surpassed the same and increased from the prior year's reported figure.Otis Worldwide’s first-quarter results reflected broad-based momentum in Service, led by repair activity, alongside solid order and backlog improvement in the modernization business. The company has emphasized actions around operational execution, pricing and cost efficiency as it works to monetize investments and improve margin performance in the coming quarters.However, management attributed the margin pressure to tariff impacts relative to the prior year, continued Service investments that began in the second quarter of last year and accelerated this year, and shipment delays tied to geopolitical disruption in the Middle East. OTIS reported earnings per share (EPS) of 89 cents, missing the Zacks Consensus Estimate of 91 cents by 2.2%. In the year-ago quarter, it reported an adjusted EPS of 92 cents.Net sales of $3.57 billion surpassed the consensus mark of $3.5 billion by 2% and increased 6.4% on a year-over-year basis. Organically, net sales were up 1% year over year. Favorable foreign exchange movement supported sales growth by 5%. A standout in the quarter was repair, with net sales up 16% at actual currency and organic repair sales up about 10%.Adjusted operating margin contracted 130 basis points year over year to 15.4%, reflecting weaker segment performance, partially offset by a favorable segment mix. Service: The net sales of this segment increased 11% year over year to $2.42 billion. A 5% rise in organic sales was accompanied by a 5% favorable foreign exchange movement. Organic maintenance and repair sales increased 4% and organic modernization sales rose 6% from the year-ago quarter. Th...

Generac Holdings Inc. GNRC reported first-quarter 2026 adjusted earnings per share (EPS) of $1.80, which beat the Zacks Consensus Estimate of $1.33. GNRC registered an adjusted EPS of $1.26 in the prior-year quarter. Net sales were $1.06 billion, up 12% from $942 million in the prior-year quarter. The figure also beat the consensus estimate of nearly $1.044 billion. Strength in the Commercial & Industrial (“C&I”) segment, especially the data center market, acted as a catalyst. Generac added that it was in the final stages of vendor approval with several hyperscale customers. It is also witnessing backlog expansion for these products with both current and new customers. The Enercon buyout (completed earlier this month) is expected to boost GNRC’s vertical integration and support margin expansion for megawatt backup power offerings. Given the strong first-quarter performance and momentum in the data center market and increasing backlog, GNRC now expects 2026 revenues to increase in the mid-to-high teens percent range. This includes a 2% positive impact from the net effect of foreign currency, acquisitions and divestitures. The earlier growth target was in the mid-teens percent range. Generac Holdings Inc. price-consensus-eps-surprise-chart | Generac Holdings Inc. Quote C&I product sales are anticipated to increase in the mid-to-high 20% range compared with the earlier target of low-to-mid 20% range. Residential product sales are expected to increase in the 10% range for 2026. The net income margin (before deducting for non-controlling interests) is expected to be between 8% and 9%. The adjusted EBITDA margin is estimated to be 18.5-19.5% as compared with the earlier guided range of 18-19%. Image Source: Zacks Investment Research GNRC is up 8.6% in the pre-market trading today. The stock has gained 89.8% compared with the Manufacturing-General Industrial industry’s growth of 24.9% in the past year. Beginning from the first quarter of 2026, Generac's two reportable segments are now Residential and C&I. The Residential segment consists of the former Domestic segment minus the domestic C&I operations. The C&I segment consists of the former International segment, plus the domestic C&I operations. Revenues from Residential were up 1% year over year to $552.2 million, driven by higher portable generator shipments, partially offset by reduced energy storage system sal...

Service-led growth but margin pressure: Total organic sales rose 1% with service up 5%, yet adjusted operating margin fell 130 basis points to 15.4% (service margin down 160 bps to 23%) due to investments, unfavorable mix and inflation/timing impacts, with management expecting margins to stabilize and finish the year in the high‑24s. China weakness offsets modernization strength: New equipment organic sales declined 5% with China sales down more than 20%, driving new equipment margins to 3.3%, while modernization demand remained strong (modernization orders up 11% and backlog ~30% higher) and total backlog is near $20 billion. Stronger cash flow and shareholder returns with reiterated guidance: Adjusted free cash flow rose ~46% to ~$272 million, Otis increased its dividend 5% and repurchased ~$400 million of shares (targeting $800 million for the year), and maintained full‑year guidance of $15.1–$15.3B in sales and adjusted EPS of $4.20–$4.24. Interested in Otis Worldwide Corporation? Here are five stocks we like better. Why Otis Worldwide Stock Keeps Going Up Otis Worldwide (NYSE:OTIS) reported a “solid start to the year” in the first quarter of 2026, highlighting order growth, service-led organic sales expansion, and higher cash generation, while also detailing near-term margin pressure in its service business driven by investments, mix, and inflation-related timing impacts. Chair, CEO, and President Judy Marks said total organic sales increased 1% in the quarter, driven by 5% organic growth in service. Otis reported net sales of $3.6 billion. → GE Vernova Beats Earnings by 790% as Data Center Demand Explodes Why Investors Can Ride Otis Worldwide Stock for a Long Time Marks said maintenance and repair sales increased 4%, supported by an acceleration in organic repair sales, which rose about 10%. Modernization demand also remained strong, with modernization orders up 11% and the modernization backlog up about 30% at constant currency. However, profitability weakened in the quarter. Marks said adjusted operating profit margin declined 130 basis points to 15.4%. Adjusted EPS declined 3%, or $0.03, which Marks attributed to operational performance, partially offset by favorable foreign exchange rates. Marks also noted adjusted operating profit, excluding a $28 million foreign exchange tailwind, decreased by $38 million. → STMicronelectronics Sends Industrial C...

Otis Worldwide Corporation OTIS reported mixed first-quarter 2026 results, wherein earnings missed the Zacks Consensus Estimate and declined year over year. Meanwhile, net sales surpassed the same and increased from the prior year's reported figure. Otis Worldwide’s first-quarter results reflected broad-based momentum in Service, led by repair activity, alongside solid order and backlog improvement in the modernization business. The company has emphasized actions around operational execution, pricing and cost efficiency as it works to monetize investments and improve margin performance in the coming quarters. However, management attributed the margin pressure to tariff impacts relative to the prior year, continued Service investments that began in the second quarter of last year and accelerated this year, and shipment delays tied to geopolitical disruption in the Middle East. OTIS reported earnings per share (EPS) of 89 cents, missing the Zacks Consensus Estimate of 91 cents by 2.2%. In the year-ago quarter, it had reported an adjusted EPS of 92 cents. Net sales of $3.57 billion surpassed the consensus mark of $3.5 billion by 2% and increased 6.4% on a year-over-year basis. Organically, net sales were up 1% year over year. Favorable foreign exchange movement supported sales growth by 5%. A standout in the quarter was repair, with net sales up 16% at actual currency and organic repair sales up about 10%. Adjusted operating margin contracted 130 basis points year over year to 15.4%, reflecting weaker segment performance, partially offset by a favorable segment mix. Our model predicted the adjusted operating margin to decrease 70 bps (basis points) year over year to 16%. Service: The net sales of this segment increased 11% year over year to $2.42 billion. A 5% rise in organic sales was accompanied by a 5% favorable foreign exchange movement. Organic maintenance and repair sales increased 4%, and organic modernization sales rose 6% from the year-ago quarter. Our model estimated organic sales for the segment to grow 10.2%. The Modernization backlog at constant currency increased 30% year over year. Segment operating margin contracted 160 bps year over year to 23% due to higher volume and favorable pricing, which were more than offset by higher labor and material costs, investments and mix effects. New Equipment: This segment’s net sales of $1.15 billion fell 1% f...

This article first appeared on GuruFocus. Total Organic Sales Growth: Increased 1% in the quarter. Organic Service Growth: Increased 5% with broad-based strength across all service lines. Maintenance and Repair Sales: Increased 4%, with organic repair sales up approximately 10%. Modernization Orders: Increased 11% in the quarter; backlog up 30% at constant currency. New Equipment Orders: Increased 1% at constant currency; 5% excluding China. Adjusted Free Cash Flow: Approximately $272 million, up 46% versus the prior year. Share Repurchases: Approximately $400 million completed in the quarter. Net Sales: $3.6 billion with organic sales up 1%. Adjusted Operating Profit Margin: Declined 130 basis points to 15.4%. Adjusted EPS: Declined 3% or $0.03 in the quarter. Service Operating Profit: $556 million, down $10 million at constant currency. Service Operating Margin: Contracted 160 basis points to 23%. New Equipment Organic Sales: Declined 5% in the quarter. New Equipment Operating Profit: $38 million, declined $27 million at constant currency. New Equipment Operating Margin: Declined 240 basis points to 3.3%. 2026 Financial Outlook - Net Sales: Expected to be $15.1 billion to $15.3 billion. 2026 Financial Outlook - Adjusted Operating Profit: Expected to be approximately $2.5 billion. 2026 Financial Outlook - Adjusted EPS: Expected to be $4.20 to $4.24. 2026 Financial Outlook - Adjusted Free Cash Flow: Anticipated to be between $1.6 billion to $1.65 billion. Warning! GuruFocus has detected 6 Warning Sign with TRST. Is OTIS fairly valued? Test your thesis with our free DCF calculator. Release Date: April 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Otis Worldwide Corp (NYSE:OTIS) reported a 1% increase in total organic sales for the first quarter of 2026, driven by a 5% growth in the service segment. The company saw a significant 11% increase in modernization orders, with a 30% increase in backlog at constant currency, indicating strong future demand. Adjusted free cash flow improved by 46% year-over-year to approximately $272 million, reflecting better working capital management and cash conversion. Otis Worldwide Corp (NYSE:OTIS) announced a 5% increase in its quarterly dividend, marking a 120% increase since its spin-off, demonstrating a commitment to returning cash to shareholders. The company...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.00%. A quarter ago, it was expected that this company would post earnings of $1.03 per share when it actually produced earnings of $1.03, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Otis Worldwide, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $3.57 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.99%. This compares to year-ago revenues of $3.35 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Otis Worldwide shares have lost about 9.7% since the beginning of the year versus the S&P 500's gain of 3.2%. While Otis Worldwide has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Otis Worldwide was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (S...