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Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
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Otis Worldwide (OTIS - Free Report) reported $3.35 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.5%. EPS of $0.92 for the same period compares to $0.88 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.41 billion, representing a surprise of -1.66%. The company delivered an EPS surprise of +1.10%, with the consensus EPS estimate being $0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Service: $2.19 billion versus the three-analyst average estimate of $2.25 billion. The reported number represents a year-over-year change of +1.4%.
Net Sales- New Equipment: $1.16 billion versus the three-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of -9.1%.
Adjusted Operating Profit- New Equipment: $67 million versus the three-analyst average estimate of $55.09 million.
Adjusted Operating Profit- Service: $552 million versus the three-analyst average estimate of $549.28 million.
Operating Profit- General corporate expenses and other: -$192 million compared to the -$42.07 million average estimate based on two analysts.
Shares of Otis Worldwide have returned -2.4% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
Otis Worldwide (OTIS - Free Report) reported $3.35 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.5%. EPS of $0.92 for the same period compares to $0.88 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.41 billion, representing a surprise of -1.66%. The company delivered an EPS surprise of +1.10%, with the consensus EPS estimate being $0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Service: $2.19 billion versus the three-analyst average estimate of $2.25 billion. The reported number represents a year-over-year change of +1.4%.
- Net Sales- New Equipment: $1.16 billion versus the three-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of -9.1%.
- Adjusted Operating Profit- New Equipment: $67 million versus the three-analyst average estimate of $55.09 million.
- Adjusted Operating Profit- Service: $552 million versus the three-analyst average estimate of $549.28 million.
- Operating Profit- General corporate expenses and other: -$192 million compared to the -$42.07 million average estimate based on two analysts.
View all Key Company Metrics for Otis Worldwide here>>>Shares of Otis Worldwide have returned -2.4% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.