Your email has been successfully added to our mailing list.

×
0 0 0 -0.00846938775510202 -0.0204081632653061 -0.0313265306122448 -0.00846938775510202 -0.00846938775510202
Stock impact report

OTIS REPORTS THIRD QUARTER 2024 RESULTS

Otis Worldwide Corporation (OTIS) 
Company Research Source: PR Newswire
Otis delivers continued strong Service performance with high single digit Service sales growthGAAP EPS up 47.3% and adjusted EPS up 1.1%Service net sales up 7.2% and Service organic sales up 7.7%Maintenance portfolio units increased 4.2%Mod orders up 3%, backlog up 14%, up 12% at constant currencyGAAP cash flow from operations of $394 million; adjusted free cash flow of $381 millionShare repurchases of $200 millionYTD GAAP EPS up 24.2% and YTD adjusted EPS up 8.2%, share repurchases of $800 millionUpdated full-year outlook1: adjusted EPS of ~$3.85 with ~6.5% Service organic sales growth and ~75 basis points of Service margin expansionFARMINGTON, Conn., Oct. 30, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported third quarter 2024 net sales of $3.5 billion with organic sales up 1.2%. GAAP earnings per share (EPS) increased 47.3% to $1.34 and adjusted EPS increased 1.1% to $0.96."Otis returned to top-line growth in the third quarter as we continue to demonstrate the st Show less Read more
Impact Snapshot
Event Time:
OTIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OTIS alerts
Opt-in for
OTIS alerts

from News Quantified
Opt-in for
OTIS alerts

from News Quantified