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The Latest Breaking News from Otis

Top 3 Industrials Stocks You'll Regret Missing In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Benzinga

Exclusive: Empire State Building tour guide sues over ‘career-ending PTSD’ after getting stuck in elevator 67 floors up

Exclusive: Following the incident, Maxine Malcolm, 55, ‘found that she could no longer enter an elevator as an unnatural fear would overcome her,’ according to court papers obtained by The Independent

The Independent UK

Otis Worldwide Earnings Preview: What to Expect

Otis Worldwide is set to announce its second-quarter results later this month, and analysts anticipate a single-digit earnings dip.

Barchart

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Are Wall Street Analysts Bullish on Otis Worldwide Stock?

Otis Worldwide has underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

Barchart

What You Need to Know Ahead of Otis Worldwide’s Earnings Release

Otis Worldwide is set to report its first-quarter earnings later this month, with analysts anticipating modest, single-digit growth in its bottom-line performance.

Barchart

Is Otis Worldwide Stock Underperforming the S&P 500?

Otis Worldwide has notably underperformed the S&P 500 over the past year and analysts remain cautious about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Otis Worldwide Stock?

Otis Worldwide has continued to underperform the broader market over the past year, and observing the downward trend, analysts are turning towards a more cautious stance on the stock.

Barchart

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What to Expect From Otis Worldwide's Next Quarterly Earnings Report

Otis Worldwide is poised to announce its fourth-quarter results later this month, and analysts predict a double-digit growth in the company’s bottom-line figure.

Barchart

How Is Otis Worldwide's Stock Performance Compared to Other Industrials Stocks?

Otis Worldwide has underperformed the industrials industry over the past year, and analysts are cautious about the stock’s prospects.

Barchart

Otis Worldwide Stock: Is Wall Street Bullish or Bearish?

Although Otis Worldwide has lagged behind the broader market over the past year, analysts maintain a moderately optimistic outlook on its future performance.

Barchart

1 Industrial Stock to Buy Now for an Elevator Ride to the Top

The existing global base of elevators is reaching the age where it needs to be modernized. That is great news for Otis, which has the largest installed base in the world. The growth is already happening, with modernization orders up 23% in 2023. Much more is to come.

Barchart

What to Expect From Otis Worldwide's Q3 2024 Earnings Report

Otis Worldwide is all set to release its third-quarter earnings this month, and analysts expect a single-digit profit increase.

Barchart

Otis Worldwide Stock: Is OTIS Underperforming the Industrial Sector?

Otis Worldwide underperformed the industrial sector recently, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Otis Worldwide Stock: Analyst Estimates & Ratings

Despite Otis Worldwide underperforming the broader market over the past year, analysts remain moderately bullish on the stock’s prospects.

Barchart

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news in one place.

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Barchart

Here's What to Expect From Otis Worldwide’s Next Earnings Report

Otis Worldwide is expected to release its fiscal second-quarter earnings this month, and analysts project a double-digit profit increase.

Barchart

Is Otis Worldwide Stock Underperforming the Dow?

Otis Worldwide has recently lagged the Dow Jones Industrial Average, but analysts are optimistic about the stock’s prospects.

Zenger

Otis Worldwide Q2 Sales Beat Estimates, Raises Guidance

Elevator manufacturer reports 6.7% YoY sales growth, plans $150M cost savings with UpLift program.

StockNews.com

3 Industrial Stocks You Should Start Watching

The industrial sector will likely grow as a result of strong demand and advancements in technology. Therefore, fundamentally strong industrial stocks Otis Worldwide (OTIS), Dover (DOV), and Graco (GGG) could be worth adding to your watchlist. Read on.

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Fortune

3 grads share how Snap CEO Evan Spiegel's loan forgiveness changed their lives

Spiegel and wife Miranda Kerr gave Otis College of Art and Design its biggest gift ever. The students who benefitted are still wrapping their minds around it.

Axios

Elevators of the future to employ AI and facial recognition

Elevator makers are experimenting with facial recognition and horizontal shafts.

Fortune

11 recession-resistant stocks to buy for 2023

Loyal customers and inflation-proof pricing power will help these companies pay off for investors even in a tough economy.

Benzinga

GE Makes Leadership Changes In Aviation Unit: All You Need To Know

General Electric Co (NYSE:GE) has named its current Chairman and CEO H. Lawrence Culp, Jr., to take up the additional role of CEO of GE Aviation, effective immediately. GE Aviation's current President and CEO, John Slattery, has been named Executive Vice President and Chief Commercial Officer of the business. GE named Russell…

Benzinga

Otis Names Anurag Maheshwari As Finance Chief

Otis Worldwide Corp (NYSE:OTIS) has appointed Anurag Maheshwari as Executive Vice President & Chief Financial Officer, effective August 12, 2022. Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. Most recently, Maheshwari served as Vice President, Finance, IT, and Chief Transformation Officer in the Otis Asia Pacific region. Before joining…

Los Angeles Times

Snapchat co-founder pays off college debt of new graduates at LA art and design school

Yaritza Velazquez-Medina took a chance on a major career turn when she decided to drop her work as a crisis counselor in 2018 to pursue her artistic passions. She enrolled at Otis College of Art and Design in Los Angeles to become a graphic designer — even though she wracked…

Benzinga

Otis Worldwide Shares Gain Post Q1 Results

Otis Worldwide Corp (NYSE:OTIS) reported first-quarter FY22 sales growth of 0.2% year-over-year to $3.414 billion, +3.1% on an organic basis, missing the consensus of $3.43 billion. New Equipment sales of $1.42 billion (-2.5% Y/Y), -0.5% organic. New Equipment orders were up 8.8% at constant currency, with growth in all regions. Backlog increased…

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