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OTIS / Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness

Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness
OTIS Worldwide Corporation is a global leader in the elevator and escalator industry, operating in over 200 countries. The company showcased strong organic growth in new equipment sales, but NE orders decreased compared to the previous year. Despite mixed signals, management remains optimistic about growth in 2023 and expects an uptick in revenue compared to the prior year. Read More
Posted: Oct 10 2023, 23:36
Author Name: Seeking Alpha
Views: 112386

OTIS News  

Otis CEO on interest rates: 'We've hit a level where people are questioning investment'

By Yahoo Finance
October 26, 2023

Otis CEO on interest rates: 'We've hit a level where people are questioning investment'

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

Otis (OTIS) Q3 Earnings Beat, Modernization Orders Up 13%

By Zacks Investment Research
October 25, 2023

Otis (OTIS) Q3 Earnings Beat, Modernization Orders Up 13%

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

Otis Worldwide (OTIS) Q3 Earnings and Revenues Beat Estimates

By Zacks Investment Research
October 25, 2023

Otis Worldwide (OTIS) Q3 Earnings and Revenues Beat Estimates

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: Strong Service And Pricing Growth Offset Order Weakness

By Seeking Alpha
October 10, 2023

Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness

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 (OTIS) Morgan Stanley 11th Annual Laguna Conference - (Transcript)

By Seeking Alpha
September 14, 2023

Otis Worldwide Corporation (OTIS) Morgan Stanley 11th Annual Laguna Conference - (Transcript)

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

Otis: When Manufacturing Couples With Recurring Revenue

By Seeking Alpha
August 2, 2023

Otis: When Manufacturing Couples With Recurring Revenue

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: Reaching New Heights On Core Business, Dividend Growth And Share Repurchases

By Seeking Alpha
August 2, 2023

Otis: Reaching New Heights On Core Business, Dividend Growth And Share Repurchases

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

Otis (OTIS) Q2 Earnings & Revenues Top Estimates, '23 View Up

By Zacks Investment Research
July 26, 2023

Otis (OTIS) Q2 Earnings & Revenues Top Estimates, '23 View Up

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


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