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Otis Worldwide has notably underperformed the S&P 500 over the past year and analysts remain cautious about the stock’s prospects.
3 Reasons to Avoid OTIS and 1 Stock to Buy Instead
Otis Worldwide has continued to underperform the broader market over the past year, and observing the downward trend, analysts are turning towards a more cautious stance on the stock.
OTIS earnings call for the period ending December 31, 2024.
On an adjusted basis, the company reported a net income of $0.93 per share for the fourth quarter, missing the Wall Street estimate of $0.96 per share, according to FinChat data.
Otis’s (NYSE:OTIS) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations