Otis Worldwide Corporation (OTIS) earnings on July 22, 2026

Before the market opens Q2 2026

More Otis Worldwide Corporation earnings

Prior outlook: Pessimistic Outcome: Accurate

OTIS gave up early gains and closed 2.14% lower, even though some investors had bet the stock would rise. The shares slipped as low as -4.79% during the day.

OTIS price around the earnings

70.41

Change: -2.1%

2026-07-22, 20:00 UTC

Start of the measured window End of the measured window
69.00 70.14 71.29 72.43 71.95
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 22, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Setup is mixed heading into earnings, but the scenario points pessimistic.

Analysts optimistic but negative trend strength and weak 50% beat history create uncertainty.

Context analyzed before publication

Summary
Setup is mixed heading into earnings, but the scenario points pessimistic.
Trend
Volatile, ending with a significant negative shift, indicating a condition after a strong recent drop into earnings.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.14
Analysts covering the stock
12
Average price target
96
Lowest price target
83
Highest price target
120
Upside to price target
33.4%
Quarterly earnings growth
39.9%
Revenue growth
6.4%
Forward EPS
4.72
Trailing EPS
3.68
Analyst moves in the last 60 days
0
  • Strong buy: 2
  • Buy: 5
  • Hold: 7
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
5
Hold
7
Sell
0
Strong sell
0

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News

There is no news coverage available for this event.

Technicals

Evidence

Average true range (ATR)
2.4%
Distance to 52-week high
-27.3%
14-day change (14d)
-2.0%
30-day change (33d)
-1.8%
30-day relative strength
-2.0%
SPY change (33d)
+0.2%
Nearest support
71.82
Nearest resistance
72.51
Volume accumulation ratio (14d / 46d)
0.97

Trends

Evidence

Average earnings surprise
+1.4%
  • April 22, 2026: actual EPS 0.89 vs estimate 0.9 (surprise -0.8%)
  • January 28, 2026: actual EPS 1.03 vs estimate 1.03 (surprise -0.3%)
  • October 29, 2025: actual EPS 1.05 vs estimate 1 (surprise +4.7%)
  • July 23, 2025: actual EPS 1.05 vs estimate 1.03 (surprise +2.1%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 20 earnings

Median move
2.6%
75th percentile move
4.5%
90th percentile move
6.7%
Up / down moves
7 / 13
Average up move
+2.8%
Average down move
-3.8%

Monitoring and close

What Otis Worldwide Corporation reported

Status
Finished
Actual EPS1.01
EPS estimate1.01
EPS surprise+0.4%
Revenue$3,859 million
Revenue estimate$3,747 million
Revenue surprise+3.0%

Otis beats Q2 estimates on strong service growth, but lowers profit outlook. Shares drop 3.4% in pre-market market review.

Sources (14)

Pre-market second reading after the results

Verdict
In line with expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Accurate
Consolidated
-2.1%
Max favorable move (MFE)
4.8%
Max adverse move (MAE)
0.4%