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Otis Worldwide (OTIS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Otis Worldwide (OTIS) could produce exceptional returns because of its solid growth attributes.
Otis Worldwide (OTIS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
While the top- and bottom-line numbers for Otis Worldwide (OTIS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Otis Worldwide (OTIS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.75 per share a year ago.
Otis Worldwide's (OTIS) fourth-quarter results are expected to reflect the fluctuations in foreign currency exchange rates.
Get a deeper insight into the potential performance of Otis Worldwide (OTIS) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Otis Worldwide Corporation has a short dividend track record but has the potential to be a long-term hold for dividend investors. The company has shown impressive dividend growth, increasing the dividend by 70% since 2020. OTIS has been actively repurchasing shares and has room to continue raising the dividend, with a safe payout ratio and growing cash flows.
Urbanization stocks are a cohort of stocks I haven't spent much time thinking about in recent years. However, I am concerned about climate change, so I think it's time I start paying closer attention.
Otis showcases resilience in its service-centric model, navigating challenges in elevator industry markets. Financially stable Q3 results reveal steady growth in sales, increased service orders, and strategic dividend policies. In this article, we go over the latest financials while addressing critical issues such as China and Otis' negative equity.