Here's What to Expect From Otis Worldwide's Next Earnings Report
Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $28.1 billion by market cap, th
Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $28.1 billion by market cap, the company offers elevators, escalators, and other moving products. The elevator giant is expected to announce its fiscal second-quarter earnings for 2026 in the near term.
Ahead of the event, analysts expect OTIS to report a profit of $1.01 per share on a diluted basis, down 3.8% from $1.05 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better
Nvidia Is Still a Bargain. Analysts See 57% Upside in NVDA Stock.
McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.
For the full year, analysts expect OTIS to report EPS of $4.20, up 3.7% from $4.05 in fiscal 2025. Its EPS is expected to rise 10.2% year over year to $4.63 in fiscal 2027.
OTIS stock has underperformed the S&P 500 Index's ($SPX) 19.9% gains
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/heres-expect-otis-worldwides-next-115235774.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.