OTIS Q4 Earnings & Sales Top, New Equipment Orders Up 3%
DHID.R. Horton(DHI) Zacks Investment Research·2024-02-01 01:51

Otis Worldwide Corporation (OTIS) reported impressive results in fourth-quarter 2023. Its earnings and net sales surpassed the Zacks Consensus Estimate and grew on a year-over-year basis. Its quarterly results reflected 13 consecutive quarters of organic sales growth, and the results were marked by a mid-teens growth in adjusted earnings per share (EPS), the third consecutive quarter of high-single-digit organic sales growth in the Service segment, and a resurgence in New Equipment orders growth.Full year 2 ...