Otis Worldwide Q2 Adj. EPS $0.92 Beats $0.86 Estimate, Sales $3.72B Beat $3.58B Estimate
Portfolio Pulse from Benzinga Newsdesk
Otis Worldwide reported Q2 earnings of $0.92 per share, beating the analyst consensus estimate of $0.86 by 6.98%. The company also reported quarterly sales of $3.72 billion, surpassing the analyst consensus estimate of $3.58 billion by 3.91%. Both earnings and sales have increased compared to the same period last year.
July 26, 2023 | 10:07 am
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POSITIVE IMPACT
Otis Worldwide's Q2 earnings and sales have exceeded analyst estimates, indicating a positive financial performance.
Otis Worldwide's better-than-expected Q2 results indicate a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100