Search the Newsreel

OTIS REPORTS SECOND QUARTER 2026 RESULTS

Otis delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends Second quarter 2026 Net sales up 7% and organic sales up 6%, driven by Service net sales up …

Otis Worldwide se ubica en línea con las previsiones de BPA en el segundo trimestre del año

Earnings Flash (OTIS) Otis Worldwide Corporation Reports Q2 Revenue $3.86B, vs. FactSet Est of $3.75B

Otis Worldwide Corporation reported its Q2 revenue at $3.86 billion, surpassing FactSet's estimate of $3.75 billion. This announcement comes alongside predictions of changes in their annual profit forecast, possibly due to disruptions. Additional reports indicated that the company’s Q2 adjusted earnings fell while net …

Otis stock trades steadily as elevator maker highlights backlog and margins after recent quarterly report

Otis stock shows steady trading, reflecting a strong order backlog and robust margins after its latest quarterly earnings report. The company, a major elevator and escalator manufacturer, emphasizes its ability to balance service growth and modernization demand with cost discipline. Key drivers for Otis's …

Otis earnings on deck: Can modernization growth offset margin pressure? By Investing.com

Otis Worldwide Corp. is expected to report second-quarter earnings, with analysts anticipating $1.01 per share on revenue of $3.75 billion. Investors will be focused on whether the company's modernization growth can offset margin pressures and if management will reaffirm its 2026 outlook. The company's …

Otis Worldwide stock trades steadily as recent earnings highlight service growth

Otis Worldwide's stock performance is driven by its strong recurring service revenue from elevator and escalator maintenance and modernization. Recent financial reports show revenue growth, improved margins, and robust cash flow, primarily fueled by the higher-margin Service segment. The company's focus on profitability, cost …

Otis Worldwide Corporation $OTIS Shares Bought by KBC Group NV

KBC Group NV increased its shares in Otis Worldwide Corporation by 64.1% in the first quarter, now owning 453,059 shares valued at $34.9 million. Despite this, analysts have a "Hold" rating for OTIS with an average price target of $96.55, following the company missing …

Otis (OTIS) Reports Earnings Tomorrow: What To Expect

Otis stock trades steadily as elevator group lifts revenue and margins on solid backlog

Otis Worldwide Corp. (OTIS) is experiencing steady stock performance, driven by increased revenue and improved margins across its New Equipment and Service segments, supported by a robust backlog and modernization projects. In Q1 2024, the company reported a 6% revenue increase to $3.6 billion, …

Otis Worldwide Corporation $OTIS Stake Lowered by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its stake in Otis Worldwide Corporation (NYSE:OTIS) by 13.1% in the first quarter, owning 755,635 shares valued at $58.18 million. Despite this, other hedge funds increased their positions, and institutional investors collectively own 88.03% of the company. Otis Worldwide reported …

Otis Worldwide stock trades steadily as elevator demand supports earnings

Otis Worldwide's stock performance is supported by stable elevator and escalator demand, with fiscal 2024 results showing revenue growth, resilient operating margins, and strong free cash flow generation. The company's service-focused business model, a large installed base, and recurring revenue streams contribute to consistent …

Regents Gate Capital LLP Invests $13.52 Million in Otis Worldwide Corporation $OTIS

Regents Gate Capital LLP has invested $13.52 million in Otis Worldwide Corporation (NYSE:OTIS), acquiring a new stake of 175,425 shares. This investment constitutes 2.9% of their portfolio, making Otis their 17th largest holding. Despite this, Otis has seen mixed analyst ratings, a consensus "Hold" …

Bank of New York Mellon Corp Increases Stock Holdings in Otis Worldwide Corporation $OTIS

Bank of New York Mellon Corp increased its stake in Otis Worldwide Corporation by 4.1% in the first quarter, adding over 110,000 shares to reach 2.85 million shares valued at approximately $219.6 million. This increase occurred despite Otis Worldwide reporting mixed quarterly results, with …

Otis Worldwide stock holds firm as elevator demand supports earnings outlook

Otis Worldwide's stock performance is supported by strong global demand for elevators and escalators, as demonstrated by its 2023 financial results which showed revenue growth and margin expansion. The company's focus on its high-margin service portfolio provides recurring revenue and stability, cushioning against cyclical …

Clifford Swan Investment Counsel LLC Buys 49,054 Shares of Otis Worldwide Corporation $OTIS

Clifford Swan Investment Counsel LLC significantly increased its stake in Otis Worldwide Corporation, buying 49,054 shares in Q1 and bringing its total holdings to 90,992 shares valued at approximately $7.0 million. This move comes despite Otis Worldwide reporting mixed quarterly results with missed EPS …

Aware Super Pty Ltd as trustee of Aware Super Invests $1.26 Million in Otis Worldwide Corporation $OTIS

Aware Super Pty Ltd has invested $1.26 million in Otis Worldwide Corporation (NYSE:OTIS), acquiring a new stake of 16,356 shares. This investment highlights continued institutional interest in Otis, with other major investors also increasing their positions. Despite missing recent EPS and revenue estimates, Otis …

A3L557 Bond Profile — Key Metrics

This article provides a profile of the A3L557 bond issued by Otis Worldwide Corp., highlighting key metrics such as a coupon of 5.13%, an issue date of November 19, 2024, and a maturity date of November 19, 2031. The outstanding amount is $600 million …

Otis Worldwide stock rises as 2026 earnings and backlog stay in focus

Otis Worldwide's stock is drawing investor interest due to its 2026 earnings guidance, projecting adjusted EPS between $4.00 and $4.10, an improvement from $3.87 in 2025. This outlook, coupled with 2025 sales of $14.3 billion, emphasizes the company's focus on execution, margin discipline, and …

Otis Worldwide Corp. stock falls Friday, underperforms market

On Friday, Otis Worldwide Corp. (OTIS) saw its stock price decline by 2.07% to $73.45, performing worse than the broader market as the S&P 500 Index and Dow Jones Industrial Average also fell. The company's stock closed 27.54% below its 52-week high of $101.36 …

Otis Worldwide Corp. stock rises Thursday, outperforms market

Shares of Otis Worldwide Corp. (OTIS) rose 3.88% on Thursday, closing at $75.00, despite a general market downturn where the S&P 500 Index fell 0.51% and the Dow Jones Industrial Average dropped 0.20%. This increase ended a two-day losing streak for the company's stock, …

West Hartford Looks Forward to Welcoming Otis Worldwide Global Headquarters - We-Ha

Otis Worldwide, a Fortune 500 elevator and escalator company, will relocate its global headquarters to West Hartford's Town Center building at 29 South Main Street in 2027. The company, which had $14.4 billion in net sales in 2025, chose West Hartford for its educated …

Analysts Estimate Otis Worldwide (OTIS) to Report a Decline in Earnings: What to Look Out for

Motisons Jewellers Ltd leads losers in 'B' group

Kalyan Jewellers, Titan, Motisons, other jewellery stocks rise as gold prices climb amid US-Iran peace deal

Motisons Jewellers confirms no encumbrance on promoter shares in FY26

Motisons Jewellers' shares jump after the opening of the QIP. Check details

Motisons FY26 net profit rises 47.6% to ₹6,370.77 lakh

Otis Worldwide (OTIS) Down 9.9% Since Last Earnings Report: Can It Rebound?

Is Otis Worldwide (OTIS) Attractive After A Year Of Share Price Weakness?

Is It Time To Reconsider Otis Worldwide (OTIS) After A 20% One Year Share Price Slide?

Otis Worldwide-Aktie: Service rettet das Quartal!

Otis Worldwide (OTIS) Lags Q1 Earnings Estimates

Otis Worldwide to Report Q1 Earnings: Here's What You Need to Know

Motisons Jewellers Submits SEBI Compliance Certificate for Q4FY26

Motisons Jewellers Reports Lapse of 82.70 Lakh Warrants Worth ₹140.59 Crore

Motisons Jewellers Completes Postal Ballot Notice Dispatch for Rs 350 Crore Fundraising