---
schema_version: "secwatch.filing_event.v1"
accession: "0001781335-21-000057"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2021-10-25T23:59:59+00:00"
generated_at: "2026-06-28T18:31:19.421357+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Otis Q3 net sales $3.62B (+10.8%); adj EPS $0.77; raises FY21 outlook, announces Zardoya Otis tender

## Summary
- Q3 net sales $3.62B (+10.8% YoY, organic +8.1%); GAAP operating profit $542M (+$88M YoY).
- GAAP EPS $0.77 (+26.2% YoY); adjusted EPS $0.77 (+11.6% YoY).
- New Equipment orders +3.8% constant currency; backlog +4% (1% constant currency).
- Raised FY21 outlook: organic sales +8.5-9.0%, adj EPS ~$2.95, FCF $1.5-$1.55B.
- Announced cash tender offer for remaining 49.98% of Zardoya Otis.

## SEC filing metadata
- accession: 0001781335-21-000057
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2021-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000178133521000057/0001781335-21-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000178133521000057/otis-20211025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781335-21-000057
- JSON: https://secwatch.observer/filing/0001781335-21-000057.json
- Plain text: https://secwatch.observer/filing/0001781335-21-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.