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OTISBullishEarningsnews
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Otis Worldwide (OTIS) Q2 Earnings Beat Estimates

Jul 24, 2024, 8:18 AM EDT1 sourcesAI-analyzed

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Otis earnings of $1.06 beat estimates of $1.03, showing positive growth. Quarterly revenues of $3.6 billion missed estimates by 3.5%. Otis shares have increased 10% this year, underperforming the S&P 500. Current Zacks Rank #3 indicates a 'Hold' recommendation for Otis. Industry rank high; Otis could benefit from overall sector performance.

  • Otis earnings of $1.06 beat estimates of $1.03, showing positive growth.
  • Quarterly revenues of $3.6 billion missed estimates by 3.5%.
  • Otis shares have increased 10% this year, underperforming the S&P 500.
  • Current Zacks Rank #3 indicates a 'Hold' recommendation for Otis.
  • Industry rank high; Otis could benefit from overall sector performance.

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