Otis Worldwide Earnings Miss Estimates in Q4, Stock Price Decreases

Otis Worldwide Corporation (OTIS) has reported mixed results in the fourth quarter of 2024, wherein adjusted earnings missed the Zacks Consensus Estimate while net sales topped the same. This is the company’s second consecutive earnings miss, after beating expectations 18 straight times in the trailing 19 quarters.Notably, the top and bottom lines grew on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The quarterly results reflect year-over-year growth in contr ...