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Otis Worldwide (OTIS) Earnings Date, Estimates & Call Transcripts

$91.43
-1.00 (-1.08%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 23Estimated
Actual EPS
(Jul. 24)
$1.06 Beat By $0.03
Consensus EPS
(Jul. 24)
$1.03
Skip Charts & View Estimated and Actual Earnings Data

OTIS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

OTIS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Otis Worldwide Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.87$0.87$0.87 
Q2 20241$1.02$1.02$1.02 
Q3 20241$0.98$0.98$0.98 
Q4 20241$0.97$0.97$0.97 
FY 20244$3.84$3.84$3.84 
Q1 20251$1.02$1.02$1.02 
Q2 20251$1.08$1.08$1.08 
Q3 20251$1.06$1.06$1.06 
Q4 20251$1.12$1.12$1.12 
FY 20254$4.28$4.28$4.28 
Q1 20261$1.10$1.10$1.10 
Q2 20261$1.18$1.18$1.18 

OTIS Earnings Date and Information

Otis Worldwide last posted its quarterly earnings data on July 24th, 2024. The reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The business earned $3.60 billion during the quarter, compared to the consensus estimate of $3.74 billion. Its quarterly revenue was down 3.2% on a year-over-year basis. Otis Worldwide has generated $3.46 earnings per share over the last year ($3.46 diluted earnings per share) and currently has a price-to-earnings ratio of 26.4. Earnings for Otis Worldwide are expected to grow by 10.05% in the coming year, from $3.88 to $4.27 per share. Otis Worldwide has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 23rd, 2024 based off prior year's report dates.

Otis Worldwide Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/23/2024
(Estimated)
------- 
7/24/2024Q2 2024$1.03$1.06+$0.03$1.10$3.74 billion$3.60 billion          
4/24/2024Q1 2024$0.87$0.88+$0.01$0.90$3.44 billion$3.44 billion        
1/31/2024Q4 2023$0.85$0.87+$0.02$0.95$3.57 billion$3.62 billion          
10/25/2023Q3 2023$0.88$0.95+$0.07$0.99$3.54 billion$3.52 billion          
7/26/2023Q2 2023$0.86$0.92+$0.06$0.94$3.59 billion$3.72 billion        
4/26/2023Q1 2023$0.74$0.80+$0.06$0.81$3.26 billion$3.35 billion        
2/1/2023Q4 2022$0.73$0.75+$0.02$0.79$3.40 billion$3.44 billion          
10/26/2022Q3 2022$0.78$0.80+$0.02$0.83$3.44 billion$3.34 billion    
7/27/2022Q2 2022$0.78$0.86+$0.08$0.96$3.56 billion$3.49 billion        
4/25/2022Q1 2022$0.75$0.77+$0.02$0.81$3.45 billion$3.41 billion          
1/31/2022Q4 2021$0.68$0.72+$0.04$0.79$3.59 billion$3.57 billion        
10/24/2021Q3 2021$0.73$0.77+$0.04$0.77$3.55 billion$3.62 billion        
7/25/2021Q2 2021$0.71$0.79+$0.08$0.82$3.46 billion$3.70 billion          
4/25/2021Q1 2021$0.63$0.72+$0.09$0.73$3.16 billion$3.41 billion      
1/31/2021Q4 2020$0.59$0.66+$0.07$0.74$3.39 billion$3.49 billion      
10/31/2020Q3 2020$0.56$0.69+$0.13$0.77$3.20 billion$3.27 billion  
10/26/2020Q3 2020$0.57$0.69+$0.12$0.77$3.17 billion$3.27 billion    
7/28/2020Q2 2020$0.43$0.56+$0.13$0.60$2.97 billion$3.03 billion
7/28/2020Q2 2020$0.44$0.56+$0.12$0.60$2.92 billion$3.03 billion      
5/6/2020Q1 2020$0.47$0.60+$0.13$0.82$3.05 billion$2.97 billion
5/6/2020Q1 2020$0.46$0.60+$0.14$0.82$3.05 billion$2.97 billion      

Otis Worldwide Earnings - Frequently Asked Questions

When is Otis Worldwide's earnings date?

Otis Worldwide has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 23rd, 2024 based off last year's report dates. Learn more on OTIS's earnings history.

What guidance has Otis Worldwide issued on next quarter's earnings?

Otis Worldwide updated its FY24 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $3.85-3.90 for the period, compared to the consensus estimate of $3.85. The company issued revenue guidance of $14.3-14.5 billion, compared to the consensus revenue estimate of $14.63 billion.

Did Otis Worldwide beat their earnings estimates last quarter?

In the previous quarter, Otis Worldwide (NYSE:OTIS) reported $1.06 earnings per share (EPS) to beat the analysts' consensus estimate of $1.03 by $0.03. Learn more on analysts' earnings estimate vs. OTIS's actual earnings.

How can I listen to Otis Worldwide's earnings conference call?

The conference call for Otis Worldwide's latest earnings report can be listened to online. Listen to Conference Call

How can I read Otis Worldwide's conference call transcript?

The conference call transcript for Otis Worldwide's latest earnings report can be read online. Read Transcript

How can I view Otis Worldwide's earnings report?

Otis Worldwide's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Otis Worldwide generate each year?

Otis Worldwide (NYSE:OTIS) has a recorded annual revenue of $14.18 billion.

How much profit does Otis Worldwide generate each year?

Otis Worldwide (NYSE:OTIS) has a recorded net income of $1.41 billion. OTIS has generated $3.46 earnings per share over the last four quarters.

What is Otis Worldwide's price-to-earnings ratio?

Otis Worldwide (NYSE:OTIS) has a trailing price-to-earnings ratio of 26.42 and a forward price-to-earnings ratio of 23.56.

What is Otis Worldwide's EPS forecast for next year?

Otis Worldwide's earnings are expected to grow from $3.88 per share to $4.27 per share in the next year, which is a 10.05% increase.


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This page (NYSE:OTIS) was last updated on 9/7/2024 by MarketBeat.com Staff

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