Headwinds Can't Ground This Elevator Giant: Why I'm Still Bullish On Otis

Core Insights - Otis Worldwide (OTIS) reported Q3 earnings that exceeded both revenue and earnings estimates, indicating strong performance despite challenges [1] - The company faced notable headwinds in China, particularly in its New Equipment segment, which experienced a decline [1] Financial Performance - Q3 earnings showed a positive surprise on both top and bottom lines, reflecting effective management and operational efficiency [1] - The decline in the New Equipment segment suggests potential vulnerabilities in specific markets, particularly in Asia [1]