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OTIS

Otis Worldwide Corp

$80.38

Earnings Summary

Revenue
$3488Mn
Net Profits
$321Mn
Net Profit Margins
9.2%
PE Ratio
27.77

Highlights

Revenue:

Otis Worldwide Corp’s revenue fell -5.76% since last year same period to $3488Mn in the Q2 2022. On a quarterly growth basis, Otis Worldwide Corp has generated 2.17% jump in its revenue since last 3-months.

Net Profits:

Otis Worldwide Corp’s net profit fell -1.53% since last year same period to $321Mn in the Q2 2022. On a quarterly growth basis, Otis Worldwide Corp has generated 3.22% jump in its net profits since last 3-months.

Net Profit Margins:

Otis Worldwide Corp’s net profit margin jumped 4.48% since last year same period to 9.2% in the Q2 2022. On a quarterly growth basis, Otis Worldwide Corp has generated 1.03% jump in its net profit margins since last 3-months.

PE Ratio:

Otis Worldwide Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 27.77.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Otis Worldwide Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.84
EPS Estimate Current Year
0.84

Highlights

EPS Estimate Current Quarter:

Otis Worldwide Corp’s earning per share (EPS) estimates for the current quarter stand at 0.84 - a 7.69% jump from last quarter’s estimates.

EPS Estimate Current Year:

Otis Worldwide Corp’s earning per share (EPS) estimates for the current year stand at 0.84.

Key Ratios

Key ratios of the Otis Worldwide Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.86
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0
Dividend Per Share (DPS)
1.01

Highlights

Earning Per Share (EPS):

Otis Worldwide Corp’s earning per share (EPS) jumped 8.86% since last year same period to 0.86 in the Q2 2022. This indicates that the Otis Worldwide Corp has generated 8.86% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Otis Worldwide Corp’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Otis Worldwide Corp’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

Otis Worldwide Corp declared 1.01 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-28
0.78
0.86
10.26%
2022-04-27
0.74
0.77
4.05%

Company Information

Otis Worldwide Corporation gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, Otis moves 2 billion people a day and maintain more than 2 million customer units worldwide - the industry's largest Service portfolio. Otis is present in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 40,000 field professionals, all committed to meeting the diverse needs of its customers and passengers in more than 200 countries and territories.

Organisation
Otis Worldwide Corp
Headquarters
Farmington, Connecticut, US
Employees
2.02K
Industry
Producer Manufacturing