The Latest Breaking News from Otis Worldwide

Although Otis Worldwide has lagged behind the broader market over the past year, analysts maintain a moderately optimistic outlook on its future performance.

The existing global base of elevators is reaching the age where it needs to be modernized. That is great news for Otis, which has the largest installed base in the world. The growth is already happening, with modernization orders up 23% in 2023. Much more is to come.

Analysts have provided the following ratings for Otis Worldwide (NYSE:OTIS) within the last quarter:

Upgrades

Over the past 3 months, 4 analysts have published their opinion on Otis Worldwide (NYSE:OTIS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Otis Worldwide (NYSE:OTIS) is set to give its latest quarterly earnings report on Monday, 2022-04-25. Here's what investors need to know before the announcement. Analysts estimate that Otis Worldwide will report an earnings per share (EPS) of $0.74.

Otis Worldwide (NYSE:OTIS) will host a conference call at 08:30 AM ET on April 25, 2022, to discuss Q1 2022 earnings results. How to Attend Otis Worldwide (OTIS) Conference Call Follow this link to access the live webcast.

If history is any guide, there may be trouble ahead for shares of Otis Worldwide (NYSE:OTIS). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Otis Worldwide (NYSE:OTIS) is set to give its latest quarterly earnings report on Monday, 2022-01-31. Here's what investors need to know before the announcement. Analysts estimate that Otis Worldwide will likely report an Earnings Per Share (EPS) of $0.68.