Otis Worldwide to Report Q1 Earnings: What to Expect From the Stock?

Otis Worldwide Corporation (OTIS) is scheduled to report first-quarter 2025 results on April 23, before the opening bell.In the last reported quarter, the company’s adjusted earnings missed the Zacks Consensus Estimate by 2.1%, while net sales beat the same by 0.7%. On a year-over-year basis, earnings and revenues increased 6.9% and 1.5%, respectively.OTIS’ earnings surpassed the consensus mark in two of the trailing four quarters and missed on the remaining two occasions, with an average surprise of 0.2%. ...