Otis Worldwide's Q3 Earnings & Sales Miss Estimates, '24 View Down
OTISOtis Worldwide (OTIS) ZACKS·2024-10-31 01:01

Otis Worldwide Corporation (OTIS) reported dismal results in the third quarter of 2024, with adjusted earnings and net sales missing the Zacks Consensus Estimate. The company reported lower-than-expected earnings in the quarter after four consecutive quarters of earnings beat. The top and bottom lines increased on a year-over-year basis. See the Zacks Earnings Calendar to stay ahead of market-making news. The quarterly results reflect soft contributions from the company's New Equipment segment due to tepid ...