Investors and market participants can look forward to the unveiling of Otis Worldwide Corporation (NYSE: OTIS) third quarter financial results on Wednesday 30th October 2024. This important update will be made available before market open.
the business is poised to announce an estimated $0.97 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $3.59 billion for this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.95. This significant amount was attributed to the company's remarkable total revenue of $3.52 billion generated during that specific period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $14.42 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $3.87 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.06 | +15.2% | 3.60 B | -3.2% |
| Q1 2024 | $0.88 | +10.0% | 3.44 B | +2.7% |
| Q4 2023 | $0.87 | +16.0% | 3.62 B | +5.3% |
| Q3 2023 | $0.95 | +18.8% | 3.52 B | +5.4% |
| Q2 2023 | $0.92 | +7.0% | 3.72 B | +6.7% |
| *Growth on year-over-year basis | ||||
OTIS has scheduled a conference call on 30th October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Otis Worldwide Corporation (OTIS) shares trading between $101.10 and $102.51, besides a volume of 1.49 million shares. The stock closed Monday's regular trading session at $101.45, demonstrating 0.19 percent upturn.
