OTIS Stock Recent News

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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Reinforces commitment to ESG in support of its business strategy FARMINGTON, Conn. , June 12, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals.

Otis Worldwide (OTIS) is benefiting from strategic investment initiatives, as well as growing orders and backlog trends. However, high costs & currency woes are concerns.