Highest-materiality recent filing
Otis Q2 2026: Service sales up 11% organic 9%; adjusted EPS $1.01 down 4%; FY outlook revised
Q2 net sales $3.86B (+7% YoY); organic sales +6%; GAAP EPS $1.12 (+13%), adjusted EPS $1.01 (-4%).
Otis Q1 net sales +6% to $3.57B; adj EPS -3% to $0.89; modern orders +11% CC
GAAP EPS $0.87 (+43%); adjusted EPS $0.89 (-3%). Net sales $3.57B (+6%, organic +1%).
Otis Reports Q4 2025 Results: Service Sales Up 8%, Adjusted EPS Up 11%
Q4 net sales up 3% and organic sales up 1%; Service net sales increased 8% and organic sales up 5%
Otis Q3 adjusted EPS $1.05 up 9%; raises 2025 EPS midpoint to $4.04-$4.08
Q3 net sales $3.69B (+4% YoY); GAAP EPS $0.95 (-29%), adjusted EPS $1.05 (+9%).
Otis Q2 adj EPS $1.05; New Equipment sales -10%; FY adj EPS guidance $4.00-$4.10
GAAP EPS $0.99 (down 3% YoY); adjusted EPS $1.05 (down 1% YoY).
GAAP EPS $0.61 (-29% YoY); adjusted EPS $0.92 (+5%); net sales $3.35B (organic flat).
Otis FY24 adj EPS $3.83 (+8.2%), record FCF $1.6B; Q4 mod orders +18%; FY25 guide EPS $4.00-$4.10
Full year 2024 net sales $14.3B, organic +1.4%; GAAP EPS $4.07 (+20.1% YoY), adjusted EPS $3.83 (+8.2%).
Otis Q3 adjusted EPS $0.96 (+1.1% YoY); Service organic sales +7.7%; New Equipment -8.8%
GAAP EPS $1.34 (+47.3%), adjusted EPS $0.96 (+1.1%) on revenue $3.5B (+0.7%).
Otis Q2 adjusted EPS $1.06 (+15.2% YoY); raises FY2024 adjusted EPS outlook to $3.85-$3.90
GAAP EPS $1.02 (+13.3% YoY); adjusted EPS $1.06 (+15.2% YoY); net sales $3.6B (-3.2%).
Otis CFO Anurag Maheshwari resigns; Cristina Méndez appointed as successor effective Aug 23, 2024
Anurag Maheshwari resigns as EVP & CFO effective Aug 23, 2024 to pursue external opportunity; no dispute with company.
GAAP EPS $0.86 (+8.9%), adjusted EPS $0.88 (+10.0%); revenue $3.44B, organic +3.8%.
Otis Q4 adj EPS $0.87 (+16% YoY); FY adj EPS $3.54; guides FY2024 adj EPS $3.80-$3.90
Q4 GAAP EPS $0.79 (+11.3% YoY); adjusted EPS $0.87 (+16.0% YoY).
Otis Q3 2023: adj EPS $0.95 (+18.8%), organic sales +5.2%, raises full-year guidance
Q3 adjusted EPS $0.95 (up 18.8% YoY); GAAP EPS $0.91 (up 18.2%).
Otis Q2 organic sales up 9.5%, adjusted EPS $0.92; raises FY guidance, boosts buyback to $800M
Q2 net sales $3.72B (+6.7% reported, +9.5% organic); adj EPS $0.92 (+7.0%), GAAP EPS $0.90 (+18.4%).
Otis Q1 adjusted EPS $0.80 beats; raises buyback target to $700-800M; updates FY outlook
Q1 adjusted EPS $0.80 (+5.3% YoY); GAAP EPS $0.79 (+8.2%); organic sales +3.6%.
Q4 net sales $3.44B (-3.6% reported), organic +6.1%; GAAP EPS $0.71 (+9.2%), adj. EPS $0.75 (+4.2%).
Otis Q3 adjusted EPS up 5.3% to $0.80; organic sales up 0.8%; raises share buyback target to $850M
GAAP EPS $0.77 flat YoY; adjusted EPS $0.80 up 5.3%, driven by Service and lower share count.
Otis Q2 adj EPS $0.86 +11.7%, NE orders +16.5%, revises FY outlook to adj EPS $3.17-$3.21
GAAP EPS flat at $0.76; adjusted EPS $0.86 (+11.7%); net sales $3.49B (-5.8% reported, +0.4% organic)
Otis appoints Anurag Maheshwari as CFO effective Aug 12, succeeding Rahul Ghai who resigned
Rahul Ghai resigns as EVP & CFO effective Aug 12, 2022 to join another company; no dispute with Otis.
Otis Q1 adj EPS $0.77 (+6.9% YoY); organic sales +3.1%; revises FY outlook excluding Russia
Net sales $3.4B (+0.2% reported, +3.1% organic); GAAP EPS $0.73 (+2.8%).
Otis Q4 adj EPS $0.72 (+9.1%), FY adj EPS $3.01 (+19.4%); guides FY2022 adj EPS $3.20-$3.30
FY net sales $14.3B (+12.1%), organic +8.9%; Q4 net sales $3.57B (+2.2%).
Otis subsidiary issues €1.6B in three tranches of senior notes to fund Zardoya tender offer
Highland Holdings issued €500M 0.000% notes due 2023, €600M 0.318% notes due 2026, and €500M 0.934% notes due 2031, guaranteed by Otis.
Otis subsidiary Highland prices €1.6B notes offering to fund Zardoya tender offer
Highland priced €500M 0.000% Notes due 2023, €600M 0.318% Notes due 2026, €500M 0.934% Notes due 2031.
Otis Q3 net sales $3.62B (+10.8%); adj EPS $0.77; raises FY21 outlook, announces Zardoya Otis tender
Q3 net sales $3.62B (+10.8% YoY, organic +8.1%); GAAP operating profit $542M (+$88M YoY).
Otis launches €7.00/share tender offer for remaining 49.99% of Zardoya Otis; expects Q2 2022 close
Offer price of €7.00/share in cash represents a 28.9% premium to Zardoya Otis' 1-month VWAP; total equity value €3.3B including Otis' existing stake.
Otis Q2 2021: revenue $3.7B, adj EPS $0.79, raises FY2021 outlook
Q2 net sales $3.7B (+22.2%); GAAP EPS $0.76 (+46.2%), adj. EPS $0.79 (+41.1%).
Ms. Méndez was appointed as the Company’s Executive Vice President and Chief Financial Officer effective August 23, 2024.
Anurag Maheshwari, Executive Vice President and Chief Financial Officer, has provided Otis Worldwide Corporation (the “Company”) with notice that he will be resigning his position with the Company, effective August 23, 2024, to pursue external opportunities.
The Board of Directors has appointed Cristina Méndez as the Company’s Executive Vice President and Chief Financial Officer, effective August 23, 2024.
On October 24, 2023, the Board appointed Thomas Bartlett and Jill Brannon to its Board of Directors, effective October 27, 2023
On October 24, 2023, the Board appointed Thomas Bartlett and Jill Brannon to its Board of Directors, effective October 27, 2023
On October 19, 2023, Harold W. McGraw III announced that he will retire from the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”), effective December 7, 2023.
Effective March 1, 2023, Peiming (Perry) Zheng, a named executive officer of Otis Worldwide Corporation (the “Company”), will cease serving as President, Otis China.
the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”) appointed Nelda J. Connors as a director of the Company, effective October 28, 2022
Rahul Ghai, Executive Vice President and Chief Financial Officer, has provided Otis Worldwide Corporation (the “Company”) with notice that he will be resigning his position with the Company, effective August 12, 2022, to join another company.
The Board of Directors has appointed Anurag Maheshwari as its Executive Vice President and Chief Financial Officer, effective August 12, 2022.
Max materiality 0.90 · Median 0.65 · Most common event earnings