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Otis Worldwide (OTIS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended June 2026, Otis Worldwide (OTIS - Free Report) reported revenue of $3.86 billion, up 7.3% over the same period last year. EPS came in at $1.01, compared to $1.05 in the year-ago quarter.

The reported revenue represents a surprise of +3.71% over the Zacks Consensus Estimate of $3.72 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +1%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales- Service: $2.58 billion versus $2.48 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.3% change.
  • Net Sales- New Equipment: $1.28 billion versus the two-analyst average estimate of $1.24 billion. The reported number represents a year-over-year change of +0.2%.
  • Segment Operating Profit- Service: $599 million versus the two-analyst average estimate of $593.05 million.
  • Segment Operating Profit- New Equipment: $40 million versus the two-analyst average estimate of $43.91 million.

View all Key Company Metrics for Otis Worldwide here>>>

Shares of Otis Worldwide have returned +0.3% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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