Otis Q3 EPS rises 14% year-on-year to $1.08

Bitget2026/10/28 10:11

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Otis’ third-quarter 2026 GAAP earnings per share rose 14% year-over-year to $1.08, helped by the absence of prior-year transformation costs.
Net sales climbed 6% year-over-year to $3.91 billion, while Service net sales increased 8% to $2.62 billion.
Operating cash flow fell 10% year-over-year to $337 million, with working-capital changes offsetting higher net income.
The full-year 2026 outlook remained unchanged for net sales of $15.1 billion to $15.3 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otis Worldwide Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001781335-26-000124), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Otis Q3 EPS rises 14% year-on-year to $1.08

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