(Updates with recent stock movement in the headline and the first paragraph.)

Otis Worldwide (OTIS) shares dropped 2.5% in recent trading on Wednesday after the company reported Q4 adjusted earnings and net sales that fell short of analysts' consensus.

The company reported Q4 adjusted earnings Wednesday of $1.03 per diluted share, up from $0.93 a year earlier.

Analysts polled by FactSet expected $1.05.

Net sales for the quarter ended Dec. 31 were $3.80 billion, compared with $3.68 billion a year earlier.

Analysts surveyed by FactSet expected $3.89 billion.

For 2026, the company expects adjusted EPS growth in mid to high single digits and net sales of between $15 billion and $15.3 billion. Analysts polled by FactSet expect adjusted EPS of $4.51 on revenue of $15.26 billion.

Price: 88.32, Change: -2.23, Percent Change: -2.46