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flag Otis Worldwide beat earnings estimates in Q3 2025, raising full-year forecasts due to strong demand for elevators and modernization.

flag Otis Worldwide posted third-quarter 2025 earnings of $1.05 per share adjusted, exceeding expectations, on $3.69 billion in revenue, driven by strong demand for elevator modernization and new construction. flag The company raised its full-year earnings forecast to $4.04–$4.08 per share and revenue to $14.5–$14.6 billion, citing improved operations and favorable market conditions. flag Service business growth, modernization orders, and strong cash flow supported the results, with adjusted free cash flow reaching $766 million and $800 million in share repurchases.

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