OTIS Stock Recent News

OTIS' second-quarter 2024 results showcase a soft New Equipment segment performance, partially offset by increased contributions from the Service segment. Operational efficiency and capital allocation strategy bode well.

Although the revenue and EPS for Otis Worldwide (OTIS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Otis Worldwide (OTIS) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.92 per share a year ago.

OTIS' second-quarter performance is likely to have benefited from strong volume and favorable pricing. Yet, currency fluctuations are a concern.

She succeeds Anurag Maheshwari to lead financial activities at Otis FARMINGTON, Conn. , July 19, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks.

OTIS's new contract strengthens its position in the metro infrastructure sector.

FARMINGTON, Conn. , July 10, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 24, 2024, at 8:30 a.m.

Otis Worldwide (OTIS) is selected for the third time by Masterise Homes in Hanoi for providing elevators and servicing, this time for LUMIERE Evergreen.

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