Otis Worldwide (OTIS) reported Q1 adjusted earnings Wednesday of $0.92 per diluted share, up from $0.88 a year earlier.
Analysts polled by FactSet expected $0.91.
Net sales for the quarter ended March 31 were $3.35 billion, down from $3.44 billion a year earlier.
Analysts surveyed by FactSet expected $3.38 billion.
For 2025, the escalator and elevator manufacturer kept its guidance of adjusted EPS of $4.00 to $4.10. Analysts polled by FactSet expect adjusted EPS of $4.12.
Net sales for 2025 are now projected to be $14.6 billion to $14.8 billion, compared with the prior outlook of $14.1 billion to $14.4 billion. Analysts polled by FactSet expect $14.51 billion.
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