OTIS Stock Recent News

Otis Worldwide (OTIS) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.77 per share a year ago.

Otis Worldwide's (OTIS) first-quarter results are expected to reflect the adverse impacts of inflation.

OTIS benefits from digital innovations and operational improvements despite headwinds.

Although supply-chain issues and rising input prices are concerns for the Zacks Building Products - Miscellaneous industry, focus on operational efficiencies and higher government spending raise hopes for OTIS, URI, SSD and IBP.

A high backlog level and pricing in FY2023 should drive the topline growth in the New Equipment segment. The accelerated maintenance portfolio growth, pricing increases, and a high backlog for modernization business should increase the revenue in the Service segment.

Moats function to protect long term profits

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

Cramer spoke with Otis Worldwide CEO Judy Marks on Wednesday.

Solid operational improvement and a lower share count boost Otis Worldwide's (OTIS) Q4 earnings.

Otis Worldwide Corporation (NYSE:OTIS ) Q4 2022 Earnings Conference Call February 2, 2023 8:30 AM ET Company Participants Michael Rednor – Senior Director-Investor Relations Judy Marks – Chief Executive Officer and President Anurag Maheshwari – Executive Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell – Barclays Nick Housden – RBC Capital Markets Nigel Coe – Wolfe Research Steve Tusa – JPMorgan Miguel Borrega – Exane BNP Paribas Operator Good morning, and welcome to Otis' Fourth Quarter 2022 Earnings Conference Call. This call is being carried live on the Internet and recorded for replay.