Otis Worldwide Corporation Common Stock (OTIS)
89.79
+0.59 (0.66%)
NYSE · Last Trade: Jul 26th, 8:11 AM EDT
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Via Chartmill · July 23, 2025
Shares of elevator manufacturer Otis (NYSE:OTIS)
fell 10.8% in the afternoon session after the company reported disappointing second-quarter financial results that missed revenue expectations and pointed to significant weakness in China. The elevator and escalator manufacturer’s total revenue came in at $3.6 billion, falling short of analyst estimates. This was driven by a sharp 10% decline in its New Equipment segment, which was hit particularly hard by a sales drop of over 20% in China. The company’s overall organic sales, which strip out currency effects and acquisitions, fell 2%. While adjusted earnings per share of $1.05 slightly beat expectations, the sales miss and the steep decline in the crucial Chinese market concerned investors. In response to the challenging environment, Otis also trimmed its full-year sales forecast.
Via StockStory · July 23, 2025
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Via Benzinga · July 23, 2025
Via Benzinga · July 23, 2025
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Via Chartmill · July 23, 2025
Let's have a look at what is happening on the US markets on Wednesday. Below you can find the S&P500 gap up and gap down stocks in today's session.
Via Chartmill · July 23, 2025
Before the opening bell on Wednesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Via Chartmill · July 23, 2025
Otis reported second-quarter revenue of $3.60 billion, missing analyst estimates of $3.71 billion, according to Benzinga Pro. The elevator and escalator supplier reported second-quarter adjusted earnings of $1.05, beating analyst estimates of $1.02.
Via Benzinga · July 23, 2025
Via Benzinga · July 23, 2025
Elevator manufacturer Otis (NYSE:OTIS) missed Wall Street’s revenue expectations in Q2 CY2025, with sales flat year on year at $3.60 billion. The company’s full-year revenue guidance of $14.55 billion at the midpoint came in 1.1% below analysts’ estimates. Its non-GAAP profit of $1.05 per share was 2.2% above analysts’ consensus estimates.
Via StockStory · July 23, 2025
Elevator manufacturer Otis (NYSE:OTIS)
will be reporting results this Wednesday before the bell. Here’s what you need to know.
Via StockStory · July 21, 2025
Via Benzinga · July 15, 2025
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Via StockStory · July 4, 2025
Amazon's latest data center will reportedly require the same amount of electricity as 1 million homes.
Via The Motley Fool · July 1, 2025
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Via StockStory · July 1, 2025
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Otis (NYSE:OTIS) and the rest of the general industrial machinery stocks fared in Q1.
Via StockStory · June 22, 2025
A company with profits isn’t always a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Via StockStory · June 9, 2025
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Via StockStory · May 12, 2025
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Via StockStory · May 6, 2025
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn -
over the past six months, the industry has pulled back by 10.4%. This drop was worse than the S&P 500’s 2% decline.
Via StockStory · May 2, 2025