Otis (OTIS) Q1 Earnings & Sales Beat Estimates, View Solid

Apr 26, 2023 · Otis (OTIS) Q1 Earnings & Sales Beat Estimates, View Solid April 26, 2023 — 11:04 am EDT Written by Zacks Equity Research for Zacks ->

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Otis (OTIS) Q1 Earnings & Sales Beat Estimates, View Solid

2 weeks from now

The company reported quarterly adjusted earnings of 80 cents per share, surpassing the consensus estimate of 74 cents by 8.1% and increasing 5.3% from the year-ago quarter’s figure of 76 cents. The upside was mainly driven by gains from operational improvement, a lower effective tax rate and share count, partially offset by headwinds from foreign e...

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OTIS Q1 Earnings Beat, Organic Sales Up, '24 View Raised

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Apr 24, 2024 · The company reported quarterly earnings of 88 cents per share, surpassing the Zacks Consensus Estimate of 87 cents by 1.1% and increasing 10% from the year-ago …

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Otis Worldwide Beats Q1 Top And Bottom Line Estimates; Updates …

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Apr 26, 2023 · Otis Worldwide beats Q1 top and bottom line estimates; updates FY23 outlook ... Adjusted net sales of $13.9 to $14.2 billion ... Apart from the news on earnings, OTIS also …

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Otis Worldwide Q1 Profit Up, Tops Estimates; Revises FY22 View

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Apr 25, 2022 · The company now expects adjusted earnings per share of $3.22 to $3.27, up 9 to 11 percent, adjusted operating profit of $2.2 billion to $2.25 billion, adjusted net sales of …

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New Jersey MarketBeats | US | Cushman & Wakefield

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3 days ago · In New Jersey industrial market, the surge in unoccupied inventory, coupled with 5.6 msf of occupancy losses, drove the vacancy rate to 8.3% in Q4 2024, its highest level since …

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Otis Worldwide (OTIS) To Post Tepid Q1 Earnings: Here's Why

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Apr 24, 2023 · In the last reported quarter, OTIS’ earnings beat the Zacks Consensus Estimate by 2.7% and rose 4.2% year over year. Net sales beat the consensus mark by 3.8% but declined …

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Otis (OTIS) Q4 Earnings & Sales Beat Estimates, Backlog Solid

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Feb 1, 2023 · The company reported quarterly earnings of 75 cents per share, surpassing the consensus estimate of 73 cents by 2.7% and increasing 4.2% from the year-ago quarter’s …

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FAQs about Otis (OTIS) Q1 Earnings & Sales Beat Estimates, View Solid Coupon?

What did Otis worldwide (Otis) do in 2023?

Otis Worldwide Corporation OTIS started 2023 on a solid note. The company’s earnings and sales surpassed the Zacks Consensus Estimate. Its quarterly results reflected 10th consecutive quarters of organic sales growth along with solid Service performance contributing to mid-single digit adjusted earnings per share growth. ...

How much did Otis worldwide (Otis) earn in Q2?

Otis Worldwide last issued its earnings data on July 24th, 2024. The reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The firm earned $3.60 billion during the quarter, compared to analysts' expectations of $3.74 billion. ...

When will Otis worldwide (Otis) Report first-quarter 2023 results?

Otis Worldwide Corporation OTIS is scheduled to report first-quarter 2023 results on Apr 26, before the opening bell. In the last reported quarter, OTIS’ earnings beat the Zacks Consensus Estimate by 2. 7% and rose 4. 2% year over year. Net sales beat the consensus mark by 3. 8% but declined 3. 6% year over year. ...

When will Otis worldwide (Otis) earnings come out?

Earnings for Otis Worldwide are expected to grow by 9.82% in the coming year, from $3.87 to $4.25 per share. Otis Worldwide has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 23rd, 2024 based off prior year's report dates. ...

How did Otis perform in the first quarter?

The first quarter saw Otis achieve a GAAP earnings per share (EPS) of $0.86, an 8.9% increase year-over-year, and an adjusted EPS of $0.88, up by 10.0%. These figures are in line with the analyst EPS estimate of $0.87 for the quarter. ...

What is Otis worldwide's fy24 earnings guidance?

Otis Worldwide issued an update on its FY24 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of $3.85-3.90 for the period, compared to the consensus earnings per share estimate of $3.85. The company issued revenue guidance of $14.3-14.5 billion, compared to the consensus revenue estimate of $14.63 billion. ...