Otis Worldwide OTIS reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Otis Worldwide beat estimated earnings by 10.26%, reporting an EPS of $0.86 versus an estimate of $0.78.
Revenue was down $213.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 2.99% drop in the share price the next day.
Here's a look at Otis Worldwide's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.74 | 0.68 | 0.73 | 0.71 |
EPS Actual | 0.77 | 0.72 | 0.77 | 0.79 |
Revenue Estimate | 3.43B | 3.58B | 3.54B | 3.45B |
Revenue Actual | 3.41B | 3.57B | 3.62B | 3.70B |
To track all earnings releases for Otis Worldwide visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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