Otis Newsroom | Read the latest news releases
Oct 17, 2024 · Otis Taiwan Completes the Acquisition of Jardine Schindler Lifts Limited in Taiwan. September 4, 2024. Newsweek Names Otis Among World’s Most Trustworthy Companies for 2nd Year. September 3, 2024. Otis CEO to Speak at Morgan Stanley Conference. Women on the Rise: Otis Colleagues Recognized by Paradigm for Parity®.
Otis cuts FY sales forecast as quarterly results miss on China …
Oct 30, 2024 · Otis cut its annual sales forecast and marginally missed third-quarter estimates on Wednesday, as the elevator maker navigates a challenging Chinese property market.
OTIS - OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2023 …
Delivers strong fourth quarter and full year results; announces 2024 outlook with solid sales and earnings growth with continued Service momentum. 4Q Net sales up 5.3% and organic sales up 3.8%; GAAP EPS up 11.3% and adjusted EPS up 16.0%. 4Q New Equipment orders up 3%; backlog up 2%. 4Q Mod orders up 11%; backlog up 15%.
Otis Worldwide Third Quarter 2024 Earnings: EPS Beats Expectations
Nov 1, 2024 · Otis Worldwide (NYSE:OTIS) Third Quarter 2024 Results. Revenue: US$3.55b (flat on 3Q 2023). Net income: US$540.0m (up 44% from 3Q 2023). Profit margin: 15% (up from 11% in 3Q 2023). EPS: US$1.35 ...
OTIS - OTIS REPORTS FIRST QUARTER 2024 RESULTS - Otis …
Apr 24, 2024 · Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth. GAAP earnings per share (EPS) increased 8.9% to $0.86 and adjusted EPS increased 10.0% to $0.88.
OTIS - Otis Publishes 2023 ESG Report - Otis Elevator Company
Jun 12, 2024 · 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. The Otis ESG strategy focuses on the key areas of Health Safety, Environment Impact, People Communities, and Governance Accountability.
Otis Worldwide (OTIS) Misses Q3 Earnings and Revenue Estimates
Oct 30, 2024 · Otis Worldwide (OTIS) delivered earnings and revenue surprises of -1.03% and 1.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? News
Otis puts forward new plan to echo China's urban renewal policies
6 days ago · Otis puts forward new plan to echo China's urban renewal policies. Judy Marks, chair, CEO, and president of the U.S. elevator company Otis, shared her company's excitement about the future of the Chinese market. As a returning participant at the China International Import Expo (CIIE), Marks expressed high expectations for this year's event.
OTIS REPORTS THIRD QUARTER 2023 RESULTS - PR Newswire
FARMINGTON, Conn., Oct. 25, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) reported third quarter 2023 net sales of $3.5 billion with 5.2% organic growth. GAAP diluted earnings...
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