secwatch.observer — SEC 8-K summary
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Issuer:     Otis Worldwide Corp (OTIS)
CIK:        0001781335
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001781335-25-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Otis Q2 adj EPS $1.05; New Equipment sales -10%; FY adj EPS guidance $4.00-$4.10
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- GAAP EPS $0.99 (down 3% YoY); adjusted EPS $1.05 (down 1% YoY).
- Net sales $3.6B flat YoY; organic sales down 2%.
- Service net sales +6% to $2.3B, organic +4%; segment op margin 24.9% (+20bps).
- New Equipment net sales -10% to $1.3B, orders -1% at constant currency (ex-China +11%).
- FY2025 outlook: net sales $14.5-14.6B, adj EPS $4.00-$4.10, adj FCF $1.4-1.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781335/000178133525000034/0001781335-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781335/000178133525000034/otis-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001781335-25-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer