Earnings Preview: Otis Worldwide
Portfolio Pulse from Benzinga Insights
Otis Worldwide (NYSE:OTIS) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $0.86. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, OTIS's stock price has shown modest reactions to earnings beats or misses. Shares are currently trading at $89.32, with a 5.63% increase over the last 52 weeks.
January 30, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Otis Worldwide is expected to report an EPS of $0.86 for the latest quarter. Historical data shows minor stock price movements post-earnings. Shares have risen 5.63% over the past year, indicating a positive trend.
The expected EPS is in line with analyst estimates, and historical performance suggests that the stock price may not experience significant volatility following the earnings report. However, guidance provided by the company could influence the stock's short-term performance. The positive yearly return could contribute to a favorable investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100