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Otis Worldwide Corp

87.72

+0.09000.10%

Post-market: 87.900.1800+0.21%18:33 EDT

Volume:3.14M

Turnover:275.35M

Market Cap:34.43B

PE:23.17

High:87.85

Open:87.35

Low:87.27

Close:87.63

52wk High:106.83

52wk Low:84.25

Shares:392.48M

Float Shares:391.67M

Volume Ratio:0.67

T/O Rate:0.80%

Dividend:1.62

Dividend Rate:1.85%

EPS(TTM):3.79

EPS(LYR):4.10

ROE:-38.65%

ROA:14.66%

PB:-6.41

PE(LYR):21.42

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Overview Company News Filings

Otis Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.42

Simply Wall St.

Otis Worldwide First Quarter 2025 Earnings: Misses Expectations

Simply Wall St.

Otis Worldwide Is Maintained at Underweight by Barclays

Otis Worldwide (NYSE:OTIS) Reports Lower Earnings, Updates 2025 Revenue Guidance

Simply Wall St.

Redburn Atlantic Adjusts Price Target on Otis Worldwide to $104 From $92, Maintains Buy Rating

MT Newswires Live

Why Otis Worldwide Corporation (OTIS) Lagged Performance on Wednesday

Barclays Reaffirms Their Sell Rating on Otis Worldwide (OTIS)

Q1 2025 Otis Worldwide Corp Earnings Call

Thomson Reuters StreetEvents

Otis Worldwide falls -7.6%

Otis Worldwide Corp reports results for the quarter ended March 31 - Earnings Summary

Otis Raises Sales Forecast As China Drag Weighs On Elevator Giant

BUZZ-Otis Worldwide dips as Q1 net sales misses estimates

Otis Worldwide (OTIS) Beats Q1 Earnings Estimates

Otis Worldwide 1Q Sales, Profit Decline Following Weaker Demand from China

Otis Worldwide Q1 Adjusted Earnings Increase, Sales Decline; Updates 2025 Outlook

MT Newswires Live

OTIS REPORTS FIRST QUARTER 2025 RESULTS

Otis Worldwide Q1 Adj. EPS $0.92 Beats $0.91 Estimate, Sales $3.35B Miss $3.37B Estimate

GUIDANCE: (OTIS) Otis Worldwide Expects Full-Year 2025 Net Sales Range $14.6B- $14.8B, vs. FactSet Est of $14.51B

MT Newswires Live

Earnings Flash (OTIS) Otis Worldwide Posts Q1 Net Sales $3.35B, vs. FactSet Est of $3.38B

MT Newswires Live

Otis Worldwide: Q1 Earnings Snapshot

Associated Press Finance

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Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.42","url":"https://stock-news.laohu8.com/highlight/detail?id=2530365451","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530365451?lang=en_us&edition=fundamental","pubTime":"2025-04-27 22:34","pubTimestamp":1745764472,"startTime":"0","endTime":"0","summary":"Otis Worldwide Corporation  will increase its dividend on the 6th of June to $0.42, which is 7.7% higher than last year's payment from the same period of $0.39. This takes the annual payment to 1.7% of the current stock price, which is about average for the industry.We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.Otis Worldwide's Future Dividend Projections Appear Well Covered By Earnings. Solid dividend yields are great, but they only really help us if the payment is sustainable. Prior to this announcement, Otis Worldwide's dividend was comfortably covered by both cash flow and earnings. This indicates that a lot of the earnings are being reinvested into the business, with the aim of fueling growth.Over the next year, EPS is forecast to expand by 33.8%. Assuming the dividend continues along recent trends, we think the payout ratio could be 37% by next year, which is in a pretty sustainable range.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwides-nyse-otis-dividend-143432410.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0795875169.SGD","LU1732800096.USD","LU0949170772.SGD","LU2133065610.SGD","LU0545039389.USD","LU0553294199.USD","LU1732799900.SGD","LU0823417737.USD","LU0950375773.USD","LU0348723411.USD","LU2506951958.HKD","LU0738911758.USD","IE00BLSP4239.USD","NYSE","IE0034235188.USD","OTIS","LU2506951875.HKD","BK4532","BK4588","LU2506952097.USD","LU0795875086.SGD","BK4585","LU1506573853.SGD","LU1153585028.USD","IE00BBT3K403.USD","BK4505","IE00BLSP4452.SGD","LU2506952170.USD","LU0823417653.USD","LU1003077747.HKD","BK4561","LU1718418525.SGD","LU0661504455.SGD","LU2347655156.SGD","BK4161","LU0912757837.SGD","LU0011850046.USD"],"gpt_icon":0},{"id":"2530613401","title":"Otis Worldwide First Quarter 2025 Earnings: Misses Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2530613401","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530613401?lang=en_us&edition=fundamental","pubTime":"2025-04-26 02:11","pubTimestamp":1745604718,"startTime":"0","endTime":"0","summary":"This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.NYSE:OTIS Earnings and Revenue Growth April 25th 2025. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 2.0%. Earnings per share  also missed analyst estimates by 22%.Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in the US.The company's shares are down 5.9% from a week ago.We should say that we've discovered 3 warning signs for Otis Worldwide (2 shouldn't be ignored!) that you should be aware of before investing here.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwide-first-quarter-2025-181158195.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OTIS"],"gpt_icon":0},{"id":"2530138498","title":"Otis Worldwide Is Maintained at Underweight by Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2530138498","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530138498?lang=en_us&edition=fundamental","pubTime":"2025-04-25 20:49","pubTimestamp":1745585340,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/OTIS/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 25, 2025 08:49 ET (12:49 GMT)","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2530969221","title":"Otis Worldwide (NYSE:OTIS) Reports Lower Earnings, Updates 2025 Revenue Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2530969221","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530969221?lang=en_us&edition=fundamental","pubTime":"2025-04-25 01:55","pubTimestamp":1745517347,"startTime":"0","endTime":"0","summary":"Otis Worldwide announced its Q1 2025 earnings, revealing a decrease in sales and net income compared to the previous year. The company also updated its full-year earnings guidance and declared a quarterly dividend increase. Despite these developments, shares of Otis Worldwide saw a 4% decline over the last quarter. This decline contrasts with broader market movements, which have climbed recently as investors absorbed positive earnings reports and anticipated tariff news. While Otis's earnings and guidance adjustments may offer some insight, they also reflect potential market challenges that could counter the broader market's upbeat sentiment.We've discovered 3 risks for Otis Worldwide (2 make us uncomfortable!) that you should be aware of before investing here.NYSE:OTIS Revenue & Expenses Breakdown as at Apr 2025. This article by Simply Wall St is general in nature. We provide commentary based on historical data and anal","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwide-nyse-otis-reports-175547646.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NYSE","OTIS"],"gpt_icon":0},{"id":"2529559509","title":"Redburn Atlantic Adjusts Price Target on Otis Worldwide to $104 From $92, Maintains Buy Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2529559509","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529559509?lang=en_us&edition=fundamental","pubTime":"2025-04-24 23:07","pubTimestamp":1745507237,"startTime":"0","endTime":"0","summary":"Otis Worldwide (OTIS) has an average rating of hold and mean price target of $100.42, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ba","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2529980975","title":"Why Otis Worldwide Corporation (OTIS) Lagged Performance on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2529980975","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529980975?lang=en_us&edition=fundamental","pubTime":"2025-04-24 20:54","pubTimestamp":1745499293,"startTime":"0","endTime":"0","summary":"We recently published an article titled These 10 Firms Led Lagged Performance on Wednesday.In this article, we are going to take a look at where Otis Worldwide Corporation stands against the other stocks.Wall Street’s major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off following President Donald Trump’s assurance that he had no intentions of ousting Jerome Powell.Otis Worldwide Corporation dropped its share prices by 6.72 percent on Wednesday to end at $92.30 apiece as investors sold off positions following the company’s dismal earnings performance in the first quarter of the year.In a statement, Otis Worldwide Corporation said net income fell by 31 percent to $243 million from $353 million in the same period a year earlier, while net sales dipped by 3 percent to $3.35 billion from $3.437 billion year-on-year, primarily due to new equipment in China.Otis Worldwide Corporation is one of the l","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-otis-worldwide-corporation-otis-125453498.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4505","LU2347655156.SGD","BK4532","LU0348723411.USD","LU0912757837.SGD","BK4585","LU2506952170.USD","BK4161","LU0823417653.USD","LU0553294199.USD","LU2506951958.HKD","BK4561","IE00BLSP4452.SGD","LU0950375773.USD","LU0795875169.SGD","LU0738911758.USD","IE0034235188.USD","LU0795875086.SGD","LU2506951875.HKD","LU2506952097.USD","LU1003077747.HKD","LU0011850046.USD","LU1732799900.SGD","LU1732800096.USD","OTIS","LU2133065610.SGD","IE00BLSP4239.USD","LU0545039389.USD","LU0823417737.USD","BK4588","LU1718418525.SGD","IE00BBT3K403.USD","LU0661504455.SGD","LU0949170772.SGD","LU1153585028.USD","LU1506573853.SGD"],"gpt_icon":0},{"id":"2529620474","title":"Barclays Reaffirms Their Sell Rating on Otis Worldwide (OTIS)","url":"https://stock-news.laohu8.com/highlight/detail?id=2529620474","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529620474?lang=en_us&edition=fundamental","pubTime":"2025-04-24 16:27","pubTimestamp":1745483270,"startTime":"0","endTime":"0","summary":"In a report released today, Julian Mitchell from Barclays maintained a Sell rating on Otis Worldwide (OTIS – Research Report), with a price target ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/barclays-reaffirms-their-sell-rating-on-otis-worldwide-otis?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/barclays-reaffirms-their-sell-rating-on-otis-worldwide-otis?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["OTIS"],"gpt_icon":0},{"id":"2529264862","title":"Q1 2025 Otis Worldwide Corp Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2529264862","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529264862?lang=en_us&edition=fundamental","pubTime":"2025-04-24 12:09","pubTimestamp":1745467751,"startTime":"0","endTime":"0","summary":"Rob Quotaro; Vice President, Investor Relations; Otis Worldwide Corp. Judith Marks; Chairman of the Board, President, Chief Executive Officer; Otis Worldwide Corp. Cristina Mendez; Chief Financial Officer, Executive Vice President; Otis Worldwide Corp. Thank you, Jayel. Welcome to Otis' first-quarter 2025 Earnings Conference Call. On the call with me today are Judy Marks, Chair, CEO and President; and Cristina Mendez, Executive Vice President and CFO. Please note, except where otherwise noted, the company will speak to results from continuing operations excluding restructuring and significant non-recurring items. A reconciliation of these measures can be found in the appendix of the webcast.We also remind listeners that the presentation contains forward-looking statements, which are subject to risks and uncertainties. Otis' SEC filings, including our Form 10-K and quarterly reports on Form 10-Q, provide details on important factors that could cause actual results to differ materially. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q1-2025-otis-worldwide-corp-040911637.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OTIS"],"gpt_icon":0},{"id":"2529684270","title":"Otis Worldwide falls -7.6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2529684270","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529684270?lang=en_us&edition=fundamental","pubTime":"2025-04-23 21:50","pubTimestamp":1745416227,"startTime":"0","endTime":"0","summary":"Otis Worldwide (OTIS) is down -7.6%, or -$7.52 to $91.43. Published first on TheFly – the ultimate source for real-time, market-moving breaking fin...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/otis-worldwide-falls-7-6?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/otis-worldwide-falls-7-6?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0823417737.USD","LU1732799900.SGD","BK4585","BK4161","LU2506951875.HKD","LU2133065610.SGD","IE0034235188.USD","LU2506951958.HKD","IE00BBT3K403.USD","LU2506952170.USD","LU0823417653.USD","LU2506952097.USD","OTIS","LU0912757837.SGD","IE00BLSP4452.SGD","IE00BLSP4239.USD","LU0545039389.USD","BK4588","LU0738911758.USD","LU0553294199.USD","LU1153585028.USD","LU1732800096.USD","BK4532","LU0950375773.USD","LU0011850046.USD","LU2347655156.SGD","LU0661504455.SGD","LU0348723411.USD","BK4561","LU0795875086.SGD","LU1506573853.SGD","LU0949170772.SGD","LU1003077747.HKD","LU1718418525.SGD","BK4505","LU0795875169.SGD"],"gpt_icon":0},{"id":"2529686040","title":"Otis Worldwide Corp reports results for the quarter ended March 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2529686040","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529686040?lang=en_us&edition=fundamental","pubTime":"2025-04-23 21:32","pubTimestamp":1745415124,"startTime":"0","endTime":"0","summary":"Otis Worldwide Corp reports results for the quarter ended March 31 - Earnings SummaryOtis Worldwide Corp OTIS.N reported quarterly adjusted earnings of 92 cents per share for the quarter ended March 3","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250423:nL8N3R11CN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2529686523","title":"Otis Raises Sales Forecast As China Drag Weighs On Elevator Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=2529686523","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529686523?lang=en_us&edition=fundamental","pubTime":"2025-04-23 21:24","pubTimestamp":1745414647,"startTime":"0","endTime":"0","summary":"Otis Worldwide Corporation (NYSE:OTIS) reported lower sales and profits in its first quarter of 2025, missing analyst estimates.OTIS reports lower Q1 2025 sales and profits, missing analyst estimates. Raised net sales guidance for 2025, declares quarterly dividend increase.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/04/44949011/china-drag-weighs-on-elevator-giant-otis-sales-raises-sales-forecast","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BAMV","OTIS","CWS"],"gpt_icon":0},{"id":"2529685418","title":"BUZZ-Otis Worldwide dips as Q1 net sales misses estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2529685418","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529685418?lang=en_us&edition=fundamental","pubTime":"2025-04-23 21:19","pubTimestamp":1745414393,"startTime":"0","endTime":"0","summary":"April 23 - ** Shares of elevator company Otis Worldwide OTIS.K down 2.5% at $96.51 before the bell after Q1 results** Co posts Q1 adj. EPS of 92 cents vs analysts' estimates of 91 cents, according to data compiled by LSEG** OTIS reports 2.5% drop in Q1 net sales to $3.30 bln, missing Wall St estimates of $3.37 bln ** Co raises FY25 revenue forecast to between $14.6 bln and $14.8 bln from $14.1 bln-$14.4 bln** The Connecticut-based company expects tariff impact of $45 mln-$75 mln on operating profit ** Raises quarterly dividend by 8% to 42 cents per share** As of last close, OTIS up 6.9% YTD  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250423:nL4N3R116N:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2529683557","title":"Otis Worldwide (OTIS) Beats Q1 Earnings Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2529683557","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529683557?lang=en_us&edition=fundamental","pubTime":"2025-04-23 19:15","pubTimestamp":1745406903,"startTime":"0","endTime":"0","summary":"Otis Worldwide  came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.10%. A quarter ago, it was expected that this company would post earnings of $0.95 per share when it actually produced earnings of $0.93, delivering a surprise of -2.11%.Otis Worldwide , which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $3.35 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.66%. This compares to year-ago revenues of $3.44 billion. The company has topped consensus revenue estimates just once over the last four quarters.Otis Worldwide shares have added about 6.9% since the beginning of the year versus the S&P 500's decline of -10.1%.While Otis Worldwide has outperformed the market so far this year, the questio","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwide-otis-beats-q1-111503147.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ASPN","OTIS"],"gpt_icon":0},{"id":"2529508200","title":"Otis Worldwide 1Q Sales, Profit Decline Following Weaker Demand from China","url":"https://stock-news.laohu8.com/highlight/detail?id=2529508200","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529508200?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:44","pubTimestamp":1745405040,"startTime":"0","endTime":"0","summary":"Otis Worldwide posted a year-over-year decline in quarterly sales due to fewer sales in one business segment that saw weaker demand from China.The Farmington, Conn., maker of elevators and escalators logged net income of $243 million, or 61 cents a share, down from $353 million, or 86 cents a share, in the prior-year period.Stripping out certain one-time items, earnings came in at 92 cents a share. Analysts polled by FactSet expected 90 cents a share.The company, formerly a branch of United Technologies, said sales declined to $3.35 billion from $3.44 billion. Analysts polled by FactSet expected $3.38 billion.Otis primarily attributed the topline decline to lower activity in its new equipment unit on lower sales coming from China.\"We continued to execute our modernization strategy with orders up 12% leading to a mid-teens backlog growth that sets us up well for the rest of the year,\" said Chief Executive Judy Marks.For 2025, Otis forecast sales between $14.6 billion and $14.8 billion, ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2529570121","title":"Otis Worldwide Q1 Adjusted Earnings Increase, Sales Decline; Updates 2025 Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2529570121","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529570121?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:33","pubTimestamp":1745404397,"startTime":"0","endTime":"0","summary":"Otis Worldwide  reported Q1 adjusted earnings Wednesday of $0.92 per diluted share, up from $0.88 a year earlier.Analysts polled by FactSet expected $0.91.Net sales for the quarter ended March 31 were $3.35 billion, down from $3.44 billion a year earlier.Analysts surveyed by FactSet expected $3.38 billion.For 2025, the escalator and elevator manufacturer kept its guidance of adjusted EPS of $4.00 to $4.10. Analysts polled by FactSet expect adjusted EPS of $4.12.Net sales for 2025 are now projected to be $14.6 billion to $14.8 billion, compared with the prior outlook of $14.1 billion to $14.4 billion. Analysts polled by FactSet expect $14.51 billion.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2529505184","title":"OTIS REPORTS FIRST QUARTER 2025 RESULTS","url":"https://stock-news.laohu8.com/highlight/detail?id=2529505184","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529505184?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:28","pubTimestamp":1745404080,"startTime":"0","endTime":"0","summary":"Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion. GAAP operating profit margin down 350 bps, adjusted operating profit margin up 40 bps. Modernization orders up 12%, backlog up 13%, up 14% at constant currency. First quarterGAAP operating profit of $411 million decreased $133 million driven by UpLift transformation costs, separation-related adjustments, and other non-recurring items. Adjusted operating profit of $560 million decreased $1 million at actual currency and increased $15 million at constant currency, driven by Service. GAAP operating profit margin contracted 350 basis points to 12.3% and adjusted operating profit margin expanded 40 basis","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/otis-reports-first-quarter-2025-102800918.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-reports-first-quarter-2025-102800918.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0738911758.USD","LU1732799900.SGD","LU2347655156.SGD","BK4532","LU0011850046.USD","LU0823417737.USD","IE00BLSP4452.SGD","LU2506952097.USD","OTIS","LU1732800096.USD","LU2506951875.HKD","IE0034235188.USD","BK4505","LU0823417653.USD","LU0912757837.SGD","LU2506951958.HKD","BK4561","LU0795875086.SGD","LU0661504455.SGD","LU1506573853.SGD","LU1153585028.USD","LU0553294199.USD","BK4161","IE00BBT3K403.USD","LU0949170772.SGD","LU0545039389.USD","LU0348723411.USD","LU1718418525.SGD","LU0950375773.USD","IE00BLSP4239.USD","BK4588","LU2133065610.SGD","BK4585","LU2506952170.USD","LU0795875169.SGD","LU1003077747.HKD"],"gpt_icon":0},{"id":"2529559572","title":"Otis Worldwide Q1 Adj. EPS $0.92 Beats $0.91 Estimate, Sales $3.35B Miss $3.37B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2529559572","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529559572?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:17","pubTimestamp":1745403428,"startTime":"0","endTime":"0","summary":"Otis Worldwide (NYSE:OTIS) reported quarterly earnings of $0.92 per share which beat the analyst consensus estimate of $0.91 by 1.1 percent. This is a 4.55 percent increase over earnings of $0.88 per share from the same","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/04/44944391/otis-worldwide-q1-adj-eps-0-92-beats-0-91-estimate-sales-3-35b-miss-3-37b-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2529725305","title":"GUIDANCE: (OTIS) Otis Worldwide Expects Full-Year 2025 Net Sales Range $14.6B- $14.8B, vs. FactSet Est of $14.51B","url":"https://stock-news.laohu8.com/highlight/detail?id=2529725305","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529725305?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:15","pubTimestamp":1745403319,"startTime":"0","endTime":"0","summary":"GUIDANCE: (OTIS) Otis Worldwide Expects Full-Year 2025 Net Sales Range $14.6B- $14.8B, vs. FactSet Est of $14.51B","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2529216574","title":"Earnings Flash (OTIS) Otis Worldwide Posts Q1 Net Sales $3.35B, vs. FactSet Est of $3.38B","url":"https://stock-news.laohu8.com/highlight/detail?id=2529216574","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529216574?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:13","pubTimestamp":1745403237,"startTime":"0","endTime":"0","summary":"Earnings Flash (OTIS) Otis Worldwide Posts Q1 Net Sales $3.35B, vs. FactSet Est of $3.38B","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2529779245","title":"Otis Worldwide: Q1 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2529779245","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529779245?lang=en_us&edition=fundamental","pubTime":"2025-04-23 18:13","pubTimestamp":1745403225,"startTime":"0","endTime":"0","summary":"FARMINGTON, Conn.  — FARMINGTON, Conn.  — Otis Worldwide Corporation  on Wednesday reported first-quarter profit of $243 million.The Farmington, Connecticut-based company said it had profit of 61 cents per share. Earnings, adjusted for one-time gains and costs, were 92 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.The company posted revenue of $3.35 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $3.41 billion.Otis Worldwide expects full-year earnings in the range of $4 to $4.10 per share, with revenue in the range of $14.6 billion to $14.8 billion.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwide-q1-earnings-snapshot-101345550.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OTIS"],"gpt_icon":0}],"pageSize":20,"totalPage":7,"pageCount":5,"totalSize":140,"code":"91000000","status":"200"}]}}