Otis Worldwide Q3 2024 Adj. EPS $0.96 Misses $0.97 Estimate, Sales $3.548B Miss $3.587B Estimate
Portfolio Pulse from Benzinga Newsdesk
Otis Worldwide reported Q3 2024 earnings per share of $0.96, missing the analyst estimate of $0.97. Sales were $3.548 billion, also below the expected $3.587 billion. Both figures represent slight increases from the previous year.
October 30, 2024 | 10:09 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Otis Worldwide's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $0.96 and sales at $3.548 billion. Despite the misses, both figures showed slight year-over-year growth.
Otis Worldwide's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the slight year-over-year growth may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100