Otis Worldwide Corporation (OTIS)
|Net Income (ttm)||1.15B|
|Ex-Dividend Date||Aug 19, 2021|
|Day's Range||83.39 - 84.69|
|52-Week Range||58.08 - 92.84|
|Price Target||94.00 (+11.8%)|
|Est. Earnings Date||Oct 25, 2021|
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates through two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevator... [Read more...]
In 2020, Otis Worldwide's revenue was $12.76 billion, a decrease of -2.76% compared to the previous year's $13.12 billion. Earnings were $906.00 million, a decrease of -18.82%.Financial Statements
According to 12 analysts, the average rating for Otis Worldwide stock is "Buy." The 12-month stock price forecast is 94.00, which is an increase of 11.77% from the latest price.
FARMINGTON, Conn., Oct. 8, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, October 25, 2021, at 8:30 a.m.
Otis Worldwide (OTIS) announces a cash tender offer for acquiring the remaining interest in a Spain-based premier elevator business.
Otis Worldwide Corp (NYSE: OTIS) announced a tender off for all of the shares it does not currently own in Zardoya Otis, S.A. for an offer price of €7.00 in cash.
FARMINGTON, Conn., Sept. 23, 2021 /PRNewswire/ -- Otis Worldwide Corporation ("Otis") (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, today anno...
The demand for vertical transportation systems such as lifts and escalators is rapidly increasing due to the growing population and increasing industrialization across the globe. As per Research & Marke...
FARMINGTON, Conn., Aug. 30, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) President & CEO Judy Marks will participate in the virtual 9th annual Laguna conference hosted by Morgan Stanley ...
Solid 2021 view, focus on innovation and business combinations to aid Otis Worldwide (OTIS).
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
The leading elevator company is firing on all cylinders right now.
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.
FARMINGTON, Conn., July 29, 2021 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.24 per share of Otis' common stock.
Elevator company Otis Worldwide CEO on Covid concerns: 'Elevators are safe'
Otis Worldwide CEO Judy Marks discussed Covid safety on elevators and how the company mitigates the spread of contagion on its products.
Otis raises full-year outlook amid earnings beat
Myles Udland, Brian Sozzi, and Julie Hyman discuss Otis Worldwide Corp. beating on Q2 estimates due to a boost from new equipment orders and the company raising its full-year outlook.
Higher sales growth and solid margin expansion in both the segments help Otis Worldwide (OTIS) to post better-than-expected Q2 results.
Otis Worldwide Corp (NYSE: OTIS) reported second-quarter net sales growth of 15.7% year-over-year to $3.70 billion, beating the consensus of $3.45 billion. Adjusted EPS of $0.79 topped the consensus of ...
Otis Worldwide (OTIS) delivered earnings and revenue surprises of 11.27% and 7.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Otis Worldwide (NYSE:OTIS) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 41.07% over the past year to $0.79, which beat the estimate...
FARMINGTON, Conn., July 26, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2021 net sales of $3.7 billion with 15.4% organic growth.
Another week of June-quarter earnings results wraps up Friday morning, when we hear from American Express, Honeywell and Schlumberger.
Otis Worldwide (OTIS) is likely to have witnessed higher revenues and earnings in the second quarter, given recovery in end-markets served.
Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.