Otis Worldwide CorpEPS expected to decline 4.8% and margins contracting, with negative Earnings ESP and Zacks Rank 4 suggesting low probability of beat

Otis Worldwide Corporation is scheduled to report second-quarter 2026 results on July 22 before the opening bell. The Zacks Consensus Estimate for earnings per share has edged down to $1.00 from $1.01 over the past 30 days, implying a 4.8 percent decline from the year-ago adjusted EPS of $1.05. Net sales are pegged at $3.72 billion, indicating 3.5 percent growth from $3.6 billion a year earlier. The Service segment, which contributed 67.8 percent of first-quarter 2026 net sales, is expected to drive top-line gains with a projected 7.5 percent increase to $2.49 billion, while the New Equipment segment, which accounted for 32.2 percent of first-quarter sales, is forecast to decline 2.5 percent to $1.24 billion amid softness in China and Asia Pacific. Adjusted operating margins are seen contracting 100 basis points to 23.9 percent in Service and 180 basis points to 3.5 percent in New Equipment, and selling, general and administrative expenses are expected to rise 4.3 percent to $520.6 million. The company carries an Earnings ESP of negative 0.57 percent and a Zacks Rank of 4, suggesting a lower probability of an earnings beat.
Otis Worldwide CorpEPS expected to decline 4.8% and margins contracting, with negative Earnings ESP and Zacks Rank 4 suggesting low probability of beat
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