{"schema_version":"secwatch.filing_event.v1","accession":"0001781335-24-000005","form_type":"8-K","ticker":"OTIS","cik":"0001781335","company_name":"Otis Worldwide Corp","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.499809+00:00","generated_at":"2026-06-06T13:59:25.452365+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Otis Q4 adj EPS $0.87 (+16% YoY); FY adj EPS $3.54; guides FY2024 adj EPS $3.80-$3.90","bullets":["Q4 GAAP EPS $0.79 (+11.3% YoY); adjusted EPS $0.87 (+16.0% YoY).","Q4 net sales $3.62B (+5.3% YoY); Service organic sales +6.8%, New Equipment orders +3%.","FY2023 GAAP EPS $3.39 (+14.5%); adjusted EPS $3.54 (+11.7%); free cash flow $1.49B.","FY2024 outlook: organic sales +3-5%, adj EPS $3.80-$3.90, adj FCF ~$1.6B.","Full-year Service adjusted operating margin expanded 50 bps to 24.0%; maintenance portfolio units up 4.2%."],"urls":{"canonical":"https://secwatch.observer/filing/0001781335-24-000005","json":"https://secwatch.observer/filing/0001781335-24-000005.json","markdown":"https://secwatch.observer/filing/0001781335-24-000005.md","text":"https://secwatch.observer/filing/0001781335-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781335/000178133524000005/0001781335-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781335/000178133524000005/otis-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T13:59:25.452365+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":[{"claim_id":"37cbcb73d5556227318c46a939efc92871315cc5","claim":"Otis Worldwide Corp updated its fourth quarter and year ended December 31, 2023 guidance (initiated).","evidence_excerpt":"On January 31, 2024, Otis Worldwide Corporation (“ Otis ”) issued a press release announcing its fourth quarter and year ended December 31, 2023 results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781335/000178133524000005/0001781335-24-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}