Otis Worldwide (NYSE: OTIS) shares dropped 6.13% to $94.80 in pre-market trading on Wednesday, following Q2 2025 results.
Trading volume spiked as the company reported adjusted earnings of $1.05 per share, narrowly beating estimates but slightly below last year’s $1.06. Revenue was flat year-over-year at $3.6 billion, missing forecasts by 2.9%.
While the FY 2025 earnings outlook was maintained at $4.00–$4.10 (in line with estimates), the revenue outlook was revised lower to $14.50–$14.60 billion, coming in just under consensus.
