Otis Worldwide Non-GAAP EPS of $1.01 in-line, revenue of $3.9B beats by $150M
Seeking Alpha ·
Otis Worldwide press release ( OTIS ): Q2 Non-GAAP EPS of $1.01 in-line. Revenue of $3.9B (+8.3% Y/Y) beats by $150M . Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net
AI 시장 분석
In Otis Worldwide's Q2 earnings report, revenue reached $3.9 billion, beating market expectations by $150 million. Non-GAAP EPS was $1.01, meeting expectations, and revenue increased by 8.3% year-over-year. The service segment grew by 11%, driving the overall performance. Investors need to pay attention to the solid earnings growth.
상승 영향
- Elevators — Service segment revenue increased by 11%, driving overall earnings growth and proving stable profit generation capability.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 66% · Bearish (Short) 34%
333 participants
Related News
- Earnings Snapshot: Philip Morris Q2 earnings beat top and bottom line, but Q3 & FY soft EPS outlook lags consensus
- Philip Morris in Charts: Smoke-free and combustibles power 10% revenue growth in Q2
- Reddit shares drop as threat to cut off Google AI sparks standoff
- Northern Trust's Q2 revenue up on fees, capital markets, net interest income
- Cognizant's Q2 results likely to key on bookings growth, AI: Wedbush
- Buy the Dip? Why China's Kimi Model Is Actually Great News for Nvidia.
