Otis Worldwide Corp. (OTIS) News

Otis Worldwide Corp. (OTIS): $79.51

-1.72 (-2.12%)

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Industry: Industrial - Machinery




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OTIS News Highlights

  • OTIS's 30 day story count now stands at 7.
  • Over the past 11 days, the trend for OTIS's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
  • The most mentioned tickers in articles about OTIS are ETD, GWW and MLM.

Latest OTIS News From Around the Web

Below are the latest news stories about OTIS WORLDWIDE CORP that investors may wish to consider to help them evaluate OTIS as an investment opportunity.

Climate Change Brings Students Together to Focus on Mobility Solutions for the Future

Four student teams around the world won their respective regional competitions aimed at developing unique mobility solutions to offset the challenges brought on by climate change in their local communities. The third annual Made to Move CommunitiesTM Student Challenge from Otis Worldwide Corporation (NYSE: OTIS), paired volunteer mentors from the vertical mobility leader with 230 students across 15 countries and territories.

Yahoo | May 15, 2023

Calculating The Intrinsic Value Of Otis Worldwide Corporation (NYSE:OTIS)

Key Insights Otis Worldwide's estimated fair value is US$76.67 based on 2 Stage Free Cash Flow to Equity Current share...

Yahoo | May 12, 2023

The Zacks Analyst Blog Highlights Otis, Ethan Allen Interiors, W.W. Grainger, Rogers Communications and Parker-Hannifin

Otis, Ethan Allen Interiors, W.W. Grainger, Rogers Communications and Parker-Hannifin are included in this Analyst Blog.

Yahoo | May 5, 2023

Gibraltar (ROCK) Q1 Earnings & Net Sales Beat, Margins Rise

Gibraltar's (ROCK) first-quarter earnings gain from margin expansion at the Renewables, Agtech and Infrastructure businesses.

Yahoo | May 4, 2023

Martin Marietta (MLM) Q1 Earnings & Revenues Beat, Margins Rise

Martin Marietta's (MLM) first-quarter earnings benefit from strong pricing actions.

Yahoo | May 4, 2023

Otis Is Again a DiversityInc Noteworthy Company

Otis has been named to the DiversityInc list of Noteworthy Companies for the third straight year.

Yahoo | May 4, 2023

5 Stocks to Buy on Dividend Hikes as Recession Fears Grow

Otis Worldwide Corporation (OTIS), Ethan Allen Interiors (ETD), W.W. Grainger (GWW), Rogers Communications (RCI) and Parker-Hannifin Corporation (PH) recently hiked dividends.

Yahoo | May 4, 2023

Weyerhaeuser (WY) Q1 Earnings Top, Sales Miss, Mixed Q2 Views

Weyerhaeuser's (WY) first-quarter 2023 results reflect lower segmental results.

Yahoo | April 28, 2023

Q1 2023 Otis Worldwide Corp Earnings Call

Q1 2023 Otis Worldwide Corp Earnings Call

Yahoo | April 27, 2023

Otis Worldwide Reports Q1 Results Above Consensus

Otis Worldwide Corp (NYSE: OTIS) reported a first-quarter FY23 sales decline of 2% year-over-year to $3.35 billion, +3.6% on an organic basis, beating the consensus of $3.26 billion. Adjusted EPS improved to $0.80, beating the consensus of $0.76. Adjusted operating profit decreased 19% Y/Y to $518 million, and the margin contracted by 50 bps to 15.5%. New Equipment sales of $1.31 billion fell 8.1% Y/Y and -4.9% on an adjusted basis. Adjusted operating margin contracted 150 bps to 5.3%. New Equip

Yahoo | April 26, 2023

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