Otis Worldwide (OTIS)
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Otis Gears Up to Report Q3 Earnings: Key Factors to Consider
ZACKS· 2024-10-28 21:46
文章核心观点 - 奥的斯全球公司(OTIS)将于2024年10月30日公布第三季度业绩 [1] - 公司上一季度的收益超过了市场预期,但销售额低于预期 [1] - 公司过去18个季度的收益都超过了市场预期 [1] 公司业绩分析 - 第三季度公司每股收益预计将同比增长2.1%至0.97美元 [2] - 第三季度公司销售额预计将同比增长2%至35.9亿美元 [2] - 公司的服务业务收入预计将同比增长5.8%至22.1亿美元,但新设备订单在亚洲市场可能面临挑战,预计将同比下降2.6%至14亿美元 [4] - 公司预计第三季度每股收益将保持基本持平,但通过资本配置策略来提高营业利润率 [6] 行业动态 - 公司正专注于收购、产品创新和新技术的整合,以推动业绩表现 [3] - 公司预计美洲地区的新设备订单将在第三季度有所恢复,受益于项目投标和已中标但尚未入账的订单 [5]
Otis Worldwide (OTIS) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-23 23:07
Wall Street expects a year-over-year increase in earnings on higher revenues when Otis Worldwide (OTIS) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better t ...
Otis Shares On The Rise As Market Tailwinds Lift New Equipment Prospects
Seeking Alpha· 2024-10-22 23:56
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Otis Third Quarter 2024 Earnings Advisory
Prnewswire· 2024-10-09 19:01
FARMINGTON, Conn., Oct. 9, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 30, 2024, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results and 2024 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the ...
Otis' New Contract to Boost 101 Collins Street in Melbourne
ZACKS· 2024-10-02 01:25
Otis Worldwide Corporation (OTIS) continues to strengthen its presence in Australia, securing a modernization contract at 101 Collins Street, one of Melbourne's iconic buildings. This project positions Otis as a leader in providing advanced elevator solutions while enhancing its growth potential in the region. Cutting-Edge Elevator Technology The modernization project will see Otis upgrading 30 elevators using its advanced Skyrise MOD solution, along with the Gen3 MOD technology. Both technologies are desig ...
Assessment of Otis Worldwide's Digital Transformation Strategies and Innovation Programs, 2024: Includes Details of Estimated ICT Budgets and Major ICT Contracts
GlobeNewswire News Room· 2024-10-02 00:00
Dublin, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Otis Worldwide Corp 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into Otis Worldwide Corp (Otis)'s tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. Serving both commercial and residential sectors, Otis operates through its subsidiaries and offices in numerous countries, including China, Vietnam, T ...
OTIS' Taiwan Subsidiary Acquires Jardine Schindler Lifts in Taiwan
ZACKS· 2024-09-10 22:10
The Taiwan subsidiary of Otis Worldwide Corporation (OTIS) has acquired Jardine Schindler Lifts Limited (Taiwan) from the Jardine Schindler Group. This buyout will strengthen the company's position in the Taiwan market with the expanded customer reach and operational capacity of Jardine Schindler Lifts. Otis is optimistic about introducing its products and service offerings, including the recently launched Otis ONE platform and the connected Gen3 elevators, to the new customer base. This strategic transacti ...
Students to Develop Urban Mobility Solutions Using AI
Prnewswire· 2024-09-10 20:15
In Otis' Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions. FARMINGTON, Conn., Sept. 10, 2024 /PRNewswire/ -- Artificial Intelligence is revolutionizing the speed, accuracy and scale at which complex challenges are addressed. Over the next several months, more than 250 students from dozens of schools representing more than 15 countries and territories around the world will participate in the Made to Move Comm ...
Here's Why Investors Should Retain OTIS Stock for Now
ZACKS· 2024-08-24 02:41
Despite witnessing higher costs and expenses as well as lower contributions from its New Equipment unit, Otis Worldwide Corporation (OTIS) is generating higher profits and margin expansion. The company is benefiting from solid contributions from its Services segment. Also, this leading elevator and escalator manufacturing company is mainly focusing on innovation and restructuring strategies, as well as increasing investments in research and development ("R&D"). In the past month, OTIS' stock gained 2.5%, ou ...
Here's Why Otis Worldwide (OTIS) is a Strong Growth Stock
ZACKS· 2024-08-20 22:46
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