Otis Worldwide's Q3 Earnings & Sales Miss Estimates, '24 View Down

Otis Worldwide Corporation (OTIS) reported dismal results in the third quarter of 2024, with adjusted earnings and net sales missing the Zacks Consensus Estimate. The company reported lower-than-expected earnings in the quarter after four consecutive quarters of earnings beat. The top and bottom lines increased on a year-over-year basis. See the Zacks Earnings Calendar to stay ahead of market-making news. The quarterly results reflect soft contributions from the company's New Equipment segment due to tepid ...