OTIS / Otis Worldwide (OTIS) Upgraded to Buy: What Does It Mean for the Stock?

Otis Worldwide Corp (OTIS) posted its third-quarter earnings on Wednesday, reporting net sales of $3.5 billion, showing 5.2% organic growth. The compa more_horizontal

Solid operational improvement, a lower share count and an effective tax rate improvement boost Otis' (OTIS) Q3 earnings. more_horizontal

Otis Worldwide (OTIS) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to e more_horizontal

OTIS Worldwide Corporation is a global leader in the elevator and escalator industry, operating in over 200 countries. The company showcased strong or more_horizontal

Otis Worldwide Corporation (NYSE:OTIS ) Morgan Stanley 11th Annual Laguna Conference Call September 14, 2023 12:20 PM ET Company Participants Judy Mar more_horizontal

The elevator and escalator manufacturing industry is highly concentrated and sees only a few big players. Otis is the largest among them and, since it more_horizontal

Otis is a leading global elevator and escalator manufacturer. I believe the stock is undervalued with a potential upside of 5-20%, offering a favorabl more_horizontal

Solid operational improvement, organic sales growth and a lower share count boost Otis's (OTIS) Q2 earnings. more_horizontal