Otis Q3 adjusted EPS $0.96 (+1.1% YoY); Service organic sales +7.7%; New Equipment -8.8%

Otis Worldwide Corp

2024-Q3 EPS reported $3.23 revenue$10,586,000,000

GAAP EPS $1.34 (+47.3%), adjusted EPS $0.96 (+1.1%) on revenue $3.5B (+0.7%).
Service net sales +7.2% organic (+7.7%); segment profit $555M (+$37M) with margin flat at 24.8%.
New Equipment sales -8.8% organic (-8.2%); orders -3% constant currency, China decline >20%.
FY2024 outlook: adjusted EPS ~$3.85 (+9%), organic Service sales ~6.5%, adj. free cash flow $1.4-1.5B.
Q3 share repurchases $200M; YTD $800M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.