Otis Worldwide (OTIS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.35%. A quarter ago, it was expected that this company would post earnings of $0.87 per share when it actually produced earnings of $0.95, delivering a surprise of 9.20%.Over the last four quarters, the company has ...

Delivers strong fourth quarter and full year results; announces 2024 outlook with solid sales and earnings growth with continued Service momentum 4Q Net sales up 5.3% and organic sales up 3.8%; GAAP EPS up 11.3% and adjusted EPS up 16.0% 4Q New Equipment orders up 3%; backlog up 2% 4Q Mod orders up 11%; backlog up 15% Maintenance portfolio units up 4.2% FY Net sales up 3.8% and organic sales up 5.6%; GAAP EPS up 14.5% and adjusted EPS up 11.7% FY GAAP cash flow from operations of $1.6 billion; free cash flo ...

Otis Worldwide Corporation (OTIS) is scheduled to report fourth-quarter 2023 results on Jan 31, before the opening bell.In the last reported quarter, OTIS’ earnings beat the Zacks Consensus Estimate by 9.2% and rose 18.8% year over year. Net sales beat the consensus mark by 1.2% and gained 5.4% year over year.Otis’ earnings topped the consensus mark in each of the last 15 quarters.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earnings per share has been stable at ...

Wall Street analysts expect Otis Worldwide (OTIS) to post quarterly earnings of $0.85 per share in its upcoming report, which indicates a year-over-year increase of 13.3%. Revenues are expected to be $3.57 billion, up 3.9% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to g ...

FARMINGTON, Conn., Jan. 10, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, January 31, 2024, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Anurag Maheshwari will discuss the company's full year and fourth quarter results and 2024 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR (Exact name of registrant as specified in its charter) ____________________________________ (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.) Delaware 83-3789412 ...

Otis Worldwide Corporation (NYSE:OTIS) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Michael Rednor - Senior Director, Investor Relations Judy Marks - Chair, Chief Executive Officer and President Anurag Maheshwari - Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Nigel Coe - Wolfe Research Julian Mitchell - Barclays Joe O’Dea - Wells Fargo Steve Tusa - JPMorgan Nick Housden - RBC Gautam Khanna ...

Otis Worldwide Corporation (NYSE:OTIS) Morgan Stanley 11th Annual Laguna Conference Call September 14, 2023 12:20 PM ET Company Participants Judy Marks - Chair, Chief Executive Officer and President Conference Call Participants Joshua Pokrzywinski - Morgan Stanley Joshua Pokrzywinski All right. Good morning, everybody. Thanks for joining us on Day Three of the Laguna Conference. For those of you who don't know, I'm Josh Pokrzywinski, Morgan Stanley's electrical equipment multi-industry analyst. I'm joined o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39221 ____________________________________ OTIS ...

Otis Worldwide Corporation (NYSE:OTIS) Q2 2023 Earnings Conference Call July 26, 2023 8:30 AM ET Company Participants Michael Rednor - Senior Director of Investor Relations Judy Marks - Chair, Chief Executive Officer and President Anurag Maheshwari - Executive Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Julian Mitchell - Barclays Steve Tusa - JPMorgan Jeffrey Sprague - Vertical Research Partners Nick Housden - RBC Capital Markets Josh Pokrzywinski - Mor ...