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Zenger
Zenger
Business
Akanksha Bakshi

Otis Worldwide Q2 Sales Beat Estimates, Raises Guidance

Otis
Otis Worldwide Corp reported second-quarter 2023 sales growth of 6.7% year-over-year to $3.72 billion, +7.7% on an adjusted basis and +9.5% on an organic basis, beating the consensus of $3.58 billion. JAVI COLMENERO/GETTY IMAGES  

Otis Worldwide Corp (NYSE: OTIS) reported second-quarter 2023 sales growth of 6.7% year-over-year to $3.72 billion, +7.7% on an adjusted basis and +9.5% on an organic basis, beating the consensus of $3.58 billion.

Adjusted EPS improved to $0.92 (+7% Y/Y), beating the consensus of $0.86.

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