{"schema_version":"secwatch.filing_event.v1","accession":"0001781335-22-000041","form_type":"8-K","ticker":"OTIS","cik":"0001781335","company_name":"Otis Worldwide Corp","filed_at":"2022-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.090496+00:00","generated_at":"2026-06-23T00:54:21.218122+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Otis Q3 adjusted EPS up 5.3% to $0.80; organic sales up 0.8%; raises share buyback target to $850M","bullets":["GAAP EPS $0.77 flat YoY; adjusted EPS $0.80 up 5.3%, driven by Service and lower share count.","Net sales $3.34B down 7.6% but organic sales up 0.8%; foreign exchange headwind 7.2%.","New Equipment orders down 0.8% overall, up 7.4% ex-China; adjusted backlog up 12% at constant currency.","Service organic sales up 6.2%; maintenance portfolio units up 3.8% YoY.","Full-year outlook: organic sales +2.0-2.5%, adj EPS $3.11-$3.15, FCF $1.5-$1.6B; buyback target raised to $850M."],"urls":{"canonical":"https://secwatch.observer/filing/0001781335-22-000041","json":"https://secwatch.observer/filing/0001781335-22-000041.json","markdown":"https://secwatch.observer/filing/0001781335-22-000041.md","text":"https://secwatch.observer/filing/0001781335-22-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781335/000178133522000041/0001781335-22-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781335/000178133522000041/otis-20221026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:54:21.218122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}