Otis Worldwide (OTIS) Tops Q1 EPS by 9c

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Go back to Otis Worldwide (OTIS) Tops Q1 EPS by 9c

Otis Reports First Quarter 2021 Results

April 26, 2021 6:16 AM EDT

FARMINGTON, Conn., April 26, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) reported first quarter 2021 net sales of $3.4 billion with 10.3% organic growth. GAAP diluted earnings per share (EPS) increased 86.8% to $0.71 and adjusted diluted EPS increased 20.0% to $0.72.

"Otis had an excellent start to the year. Our New Equipment orders were up high teens, including growth in every region, and we saw increased organic... More