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Barchart
Sohini Mondal

What to Expect From Otis Worldwide's Next Quarterly Earnings Report

Otis Otis Worldwide

With a market cap of $36.9 billion, Otis Worldwide Corporation (OTIS) is a global leader in elevator and escalator manufacturing, installation, and servicing. Boasting a maintenance portfolio of over 2 million units globally, Otis also offers solutions such as the Gen360 elevator and Gen2 system to enhance building mobility and efficiency. The company is expected to announce its fiscal Q4 earnings results on Wednesday, Jan. 29. 

Ahead of this event, analysts expect OTIS to report a profit of $0.96 per share, up 10.3% from $0.87 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. In Q3, OTIS missed the consensus EPS estimate by 1%.

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