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Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
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Otis Worldwide (OTIS - Free Report) reported $3.57 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 6.5%. EPS of $0.89 for the same period compares to $0.92 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.5 billion, representing a surprise of +1.99%. The company delivered an EPS surprise of -2%, with the consensus EPS estimate being $0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Service: $2.42 billion versus the three-analyst average estimate of $2.38 billion. The reported number represents a year-over-year change of +10.5%.
Net Sales- New Equipment: $1.15 billion versus $1.1 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1.2% change.
Segment Operating Profit- New Equipment: $38 million compared to the $41.09 million average estimate based on three analysts.
Segment Operating Profit- Service: $556 million versus $586.18 million estimated by three analysts on average.
Operating Profit- General corporate expenses and other: $-55 million versus $-91.1 million estimated by two analysts on average.
Shares of Otis Worldwide have returned +1.1% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
Otis Worldwide (OTIS - Free Report) reported $3.57 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 6.5%. EPS of $0.89 for the same period compares to $0.92 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.5 billion, representing a surprise of +1.99%. The company delivered an EPS surprise of -2%, with the consensus EPS estimate being $0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Otis Worldwide here>>>
Shares of Otis Worldwide have returned +1.1% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.