Unlocking Q3 Potential of Otis Worldwide (OTIS): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]
Otis Worldwide Corporation (OTIS)
Company Research
Source: Yahoo! Finance
year-over-year increase of 2.1%. It is anticipated that revenues will amount to $3.59 billion, exhibiting an increase of 2% compared to the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable
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OTIS
News
- Smart Elevator Market to Reach US$ 32.58 Billion by 2032 Driven by Rising Demand for Energy-efficient and Eco-Friendly Building Solutions | Research by S&S Insider [Yahoo! Finance]Yahoo! Finance
- Otis Worldwide Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Otis Appoints Nicolas Lopez as Managing Director of Southeast AsiaPR Newswire
- Otis Worldwide Co. (NYSE: OTIS) had its price target lowered by analysts at Wells Fargo & Company from $108.00 to $105.00. They now have an "equal weight" rating on the stock.MarketBeat
- Otis Declares Quarterly Dividend of $0.39 per SharePR Newswire
OTIS
Earnings
- 10/30/24 - Miss
OTIS
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 10/31/24 - Form 10-Q
- OTIS's page on the SEC website