06:44 AM EDT, 07/23/2025 (MT Newswires) -- Otis Worldwide ( OTIS ) reported Q2 adjusted earnings Wednesday of $1.05 per share, down from $1.06 a year earlier.

Analysts polled by FactSet expected $1.03.

Net sales for the quarter ended June 30 were about $3.6 billion, unchanged from a year earlier.

Analysts surveyed by FactSet expected $3.70 billion.

For 2025, the company continues to expect adjusted EPS of $4 to $4.10. Analysts are looking for $4.10.

Otis said it now expects full-year net sales between $14.5 billion and $14.6 billion. The company previously guided for 2025 sales of $14.6 billion to $14.8 billion.

Analysts are looking for $14.73 billion.

The company's shares were down 10% in recent premarket activity.