Otis Worldwide Q1 Earnings Beat Estimates, Sales Miss, Stock Down [Yahoo! Finance]
Otis Worldwide Corporation (OTIS)
Company Research
Source: Yahoo! Finance
On a year-over-year basis, the top line declined, but the bottom line increased. The quarterly results were impacted by a soft sales trend in the New Equipment segment, mainly due to a more than 20% decline in China and a high-single-digit decline in the Americas. On the other hand, year-over-year growth in contributions from the Service segment, driven by increased trends in organic maintenance and repair sales and organic modernization sales, supported overall performance. Moreover, favorable pricing and productivity aided the bottom line in the quarter. Moving forward into 2025, OTIS aims to continue focusing on innovation and implementing other strategic initiatives to improve its growth momentum, along with ensuring shareholder value and operational efficiency. With this strong performance, confidence in the strategy and commitment to creating value for its shareholders, the company yesterday announced a dividend increase for the fifth consecutive year. Following the result
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OTIS
News
- 1 Industrials Stock with Impressive Fundamentals and 2 We Avoid [Yahoo! Finance]Yahoo! Finance
- Otis Delivers Vertical Mobility for Montreal's REM Light Metro Transit [Yahoo! Finance]Yahoo! Finance
- Otis Delivers Vertical Mobility for Montreal's REM Light Metro TransitPR Newswire
- Otis Worldwide (OTIS): Reassessing Valuation After an Earnings Beat and a Cautious Analyst Price Target Cut [Yahoo! Finance]Yahoo! Finance
- Otis Elevates Passenger Experience at Malaysia's Armani Hallson KLCCPR Newswire
OTIS
Earnings
- 10/29/25 - Beat
OTIS
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- 11/7/25 - Form 4
- OTIS's page on the SEC website