Otis Worldwide Corp. (NYSE:OTIS) shares traded higher on Wednesday after the company announced its third-quarter 2025 results, which topped Wall Street expectations and raised confidence in its earnings outlook, driven by robust growth in its high-margin Service business.
The elevator and escalator maker reported net sales of $3.69 billion, surpassing the analyst estimate of $3.65 billion, with organic sales growth of 2% year over year. Adjusted earnings per share rose 9% to $1.05, topping expectations of $1.00, while GAAP EPS fell 29% to 95 cents.
