Otis Worldwide Corporation(OTIS)
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
Latest News & Analysis
Otis (OTIS): Earnings Preview, Analyst Upgrade, and Global Growth Strategy
Otis Worldwide (OTIS) gears up for Q1 2025 earnings amid analyst upgrades and strategic project wins. Service segment strength and China challenges require monitoring.
Otis Worldwide (OTIS): Market Analysis, Growth Strategies, and Investor Insights
Analysis of Otis Worldwide (OTIS) reveals market fluctuations, growth strategies, and investor insights. Key developments, financial health, and future outlook examined.
Otis Worldwide Stock Analysis: Navigating Challenges and Growth
Analysis of Otis Worldwide's stock performance, earnings, growth strategies, and future outlook. Focus on service segment strength and market navigation.
Otis Worldwide (OTIS): Navigating Market Headwinds and Service Sector Strength
Otis Worldwide navigates market headwinds with service sector strength, Q4 2024 results show. China challenges persist, but recurring revenue offers stability.
Otis Worldwide: Navigating Challenges and Growth Opportunities
Otis Worldwide navigates mixed Q4 earnings, leveraging service segment strength amidst China challenges. Strategic shifts and sustainability drive future growth.
Otis Worldwide: Q4 Earnings Analysis and 2025 Outlook
Otis Worldwide navigates Q4 earnings miss with service segment growth and strategic initiatives. Share repurchase and dividend boost investor confidence amidst industry trends.
Otis Worldwide: Q4 Earnings, China Strategy, and Future Outlook
Otis Worldwide's Q4 2024 earnings reveal mixed results, with service strength offsetting new equipment weakness. China challenges persist, but dividends and buybacks continue to support shareholders.
Otis Worldwide (OTIS): Q4 2024 Earnings Analysis and 2025 Outlook
Otis Worldwide's Q4 2024 earnings reveal a mixed performance, with service segment growth offsetting new equipment challenges. The 2025 outlook remains positive.
Otis Worldwide: Navigating Q4 Earnings and Charting a Course for 2025 Growth
Otis Worldwide's Q4 earnings reveal service sector strength offsetting new equipment challenges. International revenue and modernization are vital for growth.
Otis Q4 2024 Earnings: Service Growth vs Equipment Weakness
Get an in-depth analysis of Otis Worldwide’s Q4 2024 performance with strong service growth offsetting challenges in new equipment amid China slowdown.
Otis Worldwide Q4 2024 Earnings: Service Offsets Equipment Weakness
A comprehensive intraday update on Otis Worldwide’s Q4 2024 earnings reveals strong service performance mitigating new equipment challenges and reaffirming financial stability.