Valued at a market cap of $39.4 billion, Otis Worldwide Corporation (OTIS) is a global leader in the manufacturing, installation, and servicing of elevators and escalators, operating in over 1,400 locations worldwide. Headquartered in Farmington, Connecticut, Otis serves diverse sectors through its two main segments: New Equipment and Service. OTIS is expected to release its fiscal Q2 2025 earnings results on Wednesday, Jul. 23. 

Ahead of this event, analysts project Otis Worldwide to report an adjusted EPS of $1.01, a 4.7% decline from $1.06 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions. In Q1 2025, OTIS surpassed the consensus adjusted EPS estimate by 1.1%.

For fiscal 2025, analysts forecast the elevator maker to report adjusted EPS of $4.04, up 5.5% from $3.83 in fiscal 2024. Moreover, adjusted EPS is expected to grow 9.2% year-over-year to $4.41 in fiscal 2026.

Otis Worldwide has risen over 4% over the past 52 weeks, underperforming the broader S&P 500 Index's ($SPX) over 13% return and the Industrial Select Sector SPDR Fund's (XLI) 22.2% gain over the same period. 

Despite beating expectations with Q1 2025 adjusted EPS of $0.92, Otis Worldwide saw its shares drop 6.7% on Apr. 23, as net sales fell 2.5% to $3.4 billion, missing consensus estimates. The decline was attributed to soft demand in the New Equipment segment, particularly in China’s struggling property market, as well as concerns over a projected $45 million to $75 million hit to operating profit from U.S.-China tariffs. Still, the company raised its full-year revenue outlook to a range of $14.6 billion to $14.8 billion.

Analysts' consensus view on Otis Worldwide stock is cautious, with an overall “Hold” rating. Among 11 analysts covering the stock, two suggest a "Strong Buy," one "Moderate Buy," six give a "Hold," and two provide a "Strong Sell" rating. As of writing, OTIS is trading below the average analyst price target of $101.09.