Otis Reports Second Quarter 2021 Results

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Go back to Otis Reports Second Quarter 2021 Results

Otis Worldwide Corp (OTIS) PT Raised to $102 at Cowen

July 27, 2021 8:02 AM EDT

Cowen analyst Cai Von Rumohr raised the price target on Otis Worldwide Corp (NYSE: OTIS) to $102.00 (from $90.00) while maintaining an Outperform rating.

The analyst commented, "Q2's blowout results & hiked 2021 guide (again) validate Otis' strategy to gain share and improve profitability; and both... More

Otis Worldwide (OTIS) Tops Q2 EPS by 8c, Offers Guidance

July 26, 2021 6:15 AM EDT

Otis Worldwide (NYSE: OTIS) reported Q2 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.45 billion.

GUIDANCE:

Otis Worldwide sees FY2021 EPS of $2.89-$2.93, versus the consensus of... More