Otis Reports First Quarter 2021 Results

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Otis Worldwide Corp (OTIS) PT Raised to $90 at Cowen

April 27, 2021 6:18 AM EDT

Cowen analyst Cai Von Rumohr raised the price target on Otis Worldwide Corp (NYSE: OTIS) to $90.00 (from $77.00) while maintaining an Outperform rating.

The analyst commented, "Q1's blowout results & the hiked 2021 guide validate Otis' strategy to gain share and improve profitability; and... More

Otis Worldwide (OTIS) Tops Q1 EPS by 9c

April 26, 2021 6:25 AM EDT

Otis Worldwide (NYSE: OTIS) reported Q1 EPS of $0.72, $0.09 better than the analyst estimate of $0.63. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.18 billion.

GUIDANCE:

Otis Worldwide sees Q2 2021 EPS of $2.78-$2.84, versus the consensus of... More