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

Otis Worldwide logo
$99.67 -0.61 (-0.61%)
(As of 11/20/2024 ET)

Otis Worldwide Latest Earnings Summary

Upcoming Q4
Earnings Date
Jan. 29Estimated
Actual EPS
(Oct. 30)
$0.96 Missed By -$0.01
Consensus EPS
(Oct. 30)
$0.97

Otis Worldwide issued Q3 2024 earnings on October 30, 2024, reporting an EPS of $0.96, which missed analysts' consensus estimates of $0.97 by $0.01. Quarterly revenue rose .7% year-over-year to $3.55 billion, below analysts' expectations of $3.59 billion. With a trailing EPS of $4.01 and a P/E Ratio of 24.86, Otis Worldwide's earnings are expected to grow 8.83% next year, from $3.85 to $4.19 per share.

OTIS Upcoming Earnings

Otis Worldwide's next earnings date is estimated for Wednesday, January 29, 2025, based off prior year's reporting schedules.

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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 Worldwide Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/29/2025
(Estimated)
------- 
10/30/2024Q3 2024$0.97$0.96 -$0.01$0.58$3.59B$3.55B          
7/24/2024Q2 2024$1.03$1.06+$0.03$1.10$3.74B$3.60B          
4/24/2024Q1 2024$0.87$0.88+$0.01$0.90$3.44B$3.44B        
1/31/2024Q4 2023$0.85$0.87+$0.02$0.95$3.57B$3.62B          
10/25/2023Q3 2023$0.88$0.95+$0.07$0.99$3.54B$3.52B          
7/26/2023Q2 2023$0.86$0.92+$0.06$0.94$3.59B$3.72B        
4/26/2023Q1 2023$0.74$0.80+$0.06$0.81$3.26B$3.35B        
2/1/2023Q4 2022$0.73$0.75+$0.02$0.79$3.40B$3.44B          

Otis Worldwide Earnings - Frequently Asked Questions

Otis Worldwide has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 29th, 2025 based off last year's report dates. Learn more on OTIS's earnings history.

Otis Worldwide updated its FY24 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of ~$3.85 for the period, compared to the consensus earnings per share estimate of $3.87. The company issued revenue guidance of ~$14.2 billion, compared to the consensus revenue estimate of $14.37 billion.

In the previous quarter, Otis Worldwide (NYSE:OTIS) missed the analysts' consensus estimate of $0.97 by $0.01 with a reported earnings per share (EPS) of $0.96. Learn more on analysts' earnings estimate vs. OTIS's actual earnings.

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

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

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

Otis Worldwide (NYSE:OTIS) has a recorded annual revenue of $14.21 billion.

Otis Worldwide (NYSE:OTIS) has a recorded net income of $1.41 billion. OTIS has generated $4.01 earnings per share over the last four quarters.

Otis Worldwide (NYSE:OTIS) has a trailing price-to-earnings ratio of 24.86 and a forward price-to-earnings ratio of 25.89.

Otis Worldwide's earnings are expected to grow from $3.85 per share to $4.19 per share in the next year, which is a 8.83% increase.

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This page (NYSE:OTIS) was last updated on 11/21/2024 by MarketBeat.com Staff
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