The Latest Breaking News from Otis

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…

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…

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…

Otis Worldwide (NYSE:OTIS) is set to give its latest quarterly earnings report on Monday, 2022-04-25. Here's what investors need to know before the announcement. Analysts estimate that Otis Worldwide will report an earnings per share (EPS) of $0.74.