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   <title>Otis Worldwide Corp (OTIS) PT Lowered to $90 at RBC Capital</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2490+at+RBC+Capital/26821956.html</link>
   <description>RBC Capital analyst Nick Housden lowered the price target on Otis Worldwide Corp (NYSE: OTIS) to $90.00  (from $98.00) while maintaining a Outperform rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2490+at+RBC+Capital/26821956.html</guid>
   <pubDate>Tue, 28 Jul 2026 06:41:08 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
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  <item>
   <title>Otis Worldwide (OTIS) Declares $0.44 Quarterly Dividend; 2.5% Yield</title>
   <link>http://www.streetinsider.com/Dividends/Otis+Worldwide+%28OTIS%29+Declares+%240.44+Quarterly+Dividend%3B+2.5%25+Yield/26808342.html</link>
   <description>&lt;p&gt;Otis Worldwide (NYSE: OTIS) declared a quarterly dividend of $0.44 per share, or $1.76 annualized.&lt;/p&gt;&lt;p&gt;The dividend will be payable on September 11, 2026, to stockholders of record on August 14, 2026, with an ex-dividend date of August 13, 2026.&lt;/p&gt;&lt;p&gt;The annual yield on the dividend is 2.5 percent.&lt;/p&gt;&lt;p&gt;For a dividend history and other dividend-related data on Otis Worldwide (OTIS) &lt;a href=&quot;http://www.streetinsider.com/dividend_history.php?q=OTIS&quot;&gt;click here&lt;/a&gt;.&lt;/p&gt;</description>
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   <pubDate>Thu, 23 Jul 2026 16:17:06 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Declares Quarterly Dividend of $0.44 per Share</title>
   <link>http://www.streetinsider.com/Press+Releases/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.ct.farton&quot; idsrc=&quot;xmltag.org&quot; &gt;FARMINGTON, Conn.&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 23, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- The &lt;a target=&quot;_blank&quot; href=&quot;https://edge.prnewswire.com/c/link/?t=0&amp;amp;l=en&amp;amp;o=4737962-1&amp;amp;h=1640967827&amp;amp;u=http%3A%2F%2Fwww.otis.com%2F&amp;amp;a=Otis+Worldwide+Corporation&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:OTIS&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis Worldwide Corporation&lt;/span&gt;&lt;/a&gt; (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on &lt;chron&gt;September 11, 2026&lt;/chron&gt;, to shareholders of record at the close of business on &lt;chron&gt;August 14, 2026&lt;/chron&gt;.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;&lt;u&gt;About Otis&lt;/u&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5</description>
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   <pubDate>Thu, 23 Jul 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Declares Quarterly Dividend of $0.44 per Share</title>
   <link>http://www.streetinsider.com/Press+Releases/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.ct.farton&quot; idsrc=&quot;xmltag.org&quot; &gt;FARMINGTON, Conn.&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 23, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- The &lt;a target=&quot;_blank&quot; href=&quot;https://edge.prnewswire.com/c/link/?t=0&amp;amp;l=en&amp;amp;o=4737962-1&amp;amp;h=1640967827&amp;amp;u=http%3A%2F%2Fwww.otis.com%2F&amp;amp;a=Otis+Worldwide+Corporation&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:OTIS&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis Worldwide Corporation&lt;/span&gt;&lt;/a&gt; (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on &lt;chron&gt;September 11, 2026&lt;/chron&gt;, to shareholders of record at the close of business on &lt;chron&gt;August 14, 2026&lt;/chron&gt;.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;&lt;u&gt;About Otis&lt;/u&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5</description>
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   <pubDate>Thu, 23 Jul 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
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  <item>
   <title>Otis Declares Quarterly Dividend of $0.44 per Share</title>
   <link>http://www.streetinsider.com/PRNewswire/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.ct.farton&quot; idsrc=&quot;xmltag.org&quot; &gt;FARMINGTON, Conn.&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 23, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- The &lt;a target=&quot;_blank&quot; href=&quot;https://edge.prnewswire.com/c/link/?t=0&amp;amp;l=en&amp;amp;o=4737962-1&amp;amp;h=1640967827&amp;amp;u=http%3A%2F%2Fwww.otis.com%2F&amp;amp;a=Otis+Worldwide+Corporation&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:OTIS&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis Worldwide Corporation&lt;/span&gt;&lt;/a&gt; (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on &lt;chron&gt;September 11, 2026&lt;/chron&gt;, to shareholders of record at the close of business on &lt;chron&gt;August 14, 2026&lt;/chron&gt;.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;&lt;u&gt;About Otis&lt;/u&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5</description>
   <guid isPermaLink="true">http://www.streetinsider.com/PRNewswire/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</guid>
   <pubDate>Thu, 23 Jul 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Declares Quarterly Dividend of $0.44 per Share</title>
   <link>http://www.streetinsider.com/PRNewswire/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.ct.farton&quot; idsrc=&quot;xmltag.org&quot; &gt;FARMINGTON, Conn.&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 23, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- The &lt;a target=&quot;_blank&quot; href=&quot;https://edge.prnewswire.com/c/link/?t=0&amp;amp;l=en&amp;amp;o=4737962-1&amp;amp;h=1640967827&amp;amp;u=http%3A%2F%2Fwww.otis.com%2F&amp;amp;a=Otis+Worldwide+Corporation&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:OTIS&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis Worldwide Corporation&lt;/span&gt;&lt;/a&gt; (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on &lt;chron&gt;September 11, 2026&lt;/chron&gt;, to shareholders of record at the close of business on &lt;chron&gt;August 14, 2026&lt;/chron&gt;.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;&lt;u&gt;About Otis&lt;/u&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5</description>
   <guid isPermaLink="true">http://www.streetinsider.com/PRNewswire/Otis+Declares+Quarterly+Dividend+of+%240.44+per+Share/26808255.html</guid>
   <pubDate>Thu, 23 Jul 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Form  10-Q       Otis Worldwide Corp       For: Jun 30</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++Otis+Worldwide+Corp+++++++For%3A+Jun+30/26808179.html</link>
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   <pubDate>Thu, 23 Jul 2026 16:13:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Form  10-Q       Otis Worldwide Corp       For: Jun 30</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++Otis+Worldwide+Corp+++++++For%3A+Jun+30/26808179.html</link>
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   <pubDate>Thu, 23 Jul 2026 16:13:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">O.41022299</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Worldwide Corp (OTIS) PT Lowered to $95 at Evercore ISI</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2495+at+Evercore+ISI/26805075.html</link>
   <description>Evercore ISI analyst Alexander Virgo lowered the price target on Otis Worldwide Corp (NYSE: OTIS) to $95.00  (from $100.00) while maintaining a Outperform rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2495+at+Evercore+ISI/26805075.html</guid>
   <pubDate>Thu, 23 Jul 2026 08:11:49 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Worldwide Corp (OTIS) PT Lowered to $90 at Bernstein SocGen Group</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2490+at+Bernstein+SocGen+Group/26804716.html</link>
   <description>Bernstein SocGen Group analyst Varun Govindaraj lowered the price target on Otis Worldwide Corp (NYSE: OTIS) to $90.00  (from $97.00) while maintaining a Outperform rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/Otis+Worldwide+Corp+%28OTIS%29+PT+Lowered+to+%2490+at+Bernstein+SocGen+Group/26804716.html</guid>
   <pubDate>Thu, 23 Jul 2026 07:47:57 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Worldwide (OTIS) Reports In-Line Q2 EPS, Beats on Revene; Offers FY26 Guidance</title>
   <link>http://www.streetinsider.com/Earnings/Otis+Worldwide+%28OTIS%29+Reports+In-Line+Q2+EPS%2C+Beats+on+Revene%3B+Offers+FY26+Guidance/26797679.html</link>
   <description>&lt;p&gt;Otis Worldwide (NYSE: OTIS) reported Q2 EPS of $1.01, in-line with the analyst estimate of $1.01. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.75 billion.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;GUIDANCE:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Otis Worldwide sees FY2026 EPS of $4.01-$4.05, versus the consensus of $4.19. Otis Worldwide sees FY2026 revenue of $15.1-15.3 billion, versus the consensus of $15.12 billion.&lt;/p&gt;&lt;p&gt;For earnings history and earnings-related data on Otis Worldwide (OTIS) &lt;a href=&quot;http://www.streetinsider.com/ec_earnings.php?q=OTIS&quot;&gt;click here&lt;/a&gt;.&lt;/p&gt;</description>
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   <pubDate>Wed, 22 Jul 2026 06:08:15 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
   	  </item>
  <item>
   <title>Otis Worldwide (OTIS) Reports In-Line Q2 EPS, Beats on Revene; Offers FY26 Guidance</title>
   <link>http://www.streetinsider.com/Guidance/Otis+Worldwide+%28OTIS%29+Reports+In-Line+Q2+EPS%2C+Beats+on+Revene%3B+Offers+FY26+Guidance/26797679.html</link>
   <description>&lt;p&gt;Otis Worldwide (NYSE: OTIS) reported Q2 EPS of $1.01, in-line with the analyst estimate of $1.01. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.75 billion.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;GUIDANCE:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Otis Worldwide sees FY2026 EPS of $4.01-$4.05, versus the consensus of $4.19. Otis Worldwide sees FY2026 revenue of $15.1-15.3 billion, versus the consensus of $15.12 billion.&lt;/p&gt;&lt;p&gt;For earnings history and earnings-related data on Otis Worldwide (OTIS) &lt;a href=&quot;http://www.streetinsider.com/ec_earnings.php?q=OTIS&quot;&gt;click here&lt;/a&gt;.&lt;/p&gt;</description>
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   <pubDate>Wed, 22 Jul 2026 06:08:15 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
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  <item>
   <title>OTIS REPORTS SECOND QUARTER 2026 RESULTS</title>
   <link>http://www.streetinsider.com/Press+Releases/OTIS+REPORTS+SECOND+QUARTER+2026+RESULTS/26797683.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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   <pubDate>Wed, 22 Jul 2026 06:08:00 -0400</pubDate>
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   	   	<category domain="http://rss.financialcontent.com/stocksymbol">OTIS</category>
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   <title>OTIS REPORTS SECOND QUARTER 2026 RESULTS</title>
   <link>http://www.streetinsider.com/Press+Releases/OTIS+REPORTS+SECOND+QUARTER+2026+RESULTS/26797683.html</link>
   <description>
&lt;div class=&quot;xn-content&quot;&gt;
&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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   <pubDate>Wed, 22 Jul 2026 06:08:00 -0400</pubDate>
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  <item>
   <title>OTIS REPORTS SECOND QUARTER 2026 RESULTS</title>
   <link>http://www.streetinsider.com/Press+Releases/OTIS+REPORTS+SECOND+QUARTER+2026+RESULTS/26797683.html</link>
   <description>
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&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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&lt;p class=&quot;prntac&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;span value=&quot;ACORN:2288848028&quot; idsrc=&quot;xmltag.org&quot; &gt;Otis&lt;/span&gt; delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Second quarter 2026&lt;/p&gt;&lt;ul type=&quot;disc&quot;&gt;&lt;li&gt;Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially&lt;/li&gt;&lt;li&gt;GAAP operating profit up &lt;money&gt;$28 million&lt;/money&gt; and adjusted operating profit down &lt;money&gt;$25 million&lt;/money&gt;&lt;/li&gt;&lt;li&gt;Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency&lt;/li&gt;&lt;li&gt;Operating cash flow of &lt;money&gt;$267 million&lt;/money&gt;; adjusted free cash</description>
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