Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
Elevator is first of three on site to be modernized with new Otis elevators SEATTLE , May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers Friday as part of a new experience at the iconic Space Needle. Visitors to the tower can now soar above Seattle in a floor-to-ceiling glass, double-deck elevator, completely transforming the trip to the top.
NEW YORK , May 14, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Otis Worldwide Corporation (NYSE: OTIS) on behalf of the company's shareholders. The investigation seeks to determine whether Otis Worldwide Corporation's directors breached their fiduciary duties in connection with recent corporate actions.
![]() OTIS 2 weeks ago Announced | Quarterly | $0.42 Per Share |
![]() OTIS 3 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 6 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 9 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 16 May 2024 Paid | Quarterly | $0.39 Per Share |
22 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
22 Apr 2025 Date | | - Cons. EPS | - EPS |
29 Jan 2025 Date | | 0.96 Cons. EPS | 0.93 EPS |
30 Oct 2024 Date | | 0.97 Cons. EPS | 0.96 EPS |
23 Oct 2024 Date | | 0.97 Cons. EPS | - EPS |
![]() OTIS 2 weeks ago Announced | Quarterly | $0.42 Per Share |
![]() OTIS 3 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 6 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 9 months ago Paid | Quarterly | $0.39 Per Share |
![]() OTIS 16 May 2024 Paid | Quarterly | $0.39 Per Share |
22 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
22 Apr 2025 Date | | - Cons. EPS | - EPS |
29 Jan 2025 Date | | 0.96 Cons. EPS | 0.93 EPS |
30 Oct 2024 Date | | 0.97 Cons. EPS | 0.96 EPS |
23 Oct 2024 Date | | 0.97 Cons. EPS | - EPS |
Industrial - Machinery Industry | Industrials Sector | Ms. Judith F. Marks CEO | XSTU Exchange | US68902V1070 ISIN |
US Country | 72,000 Employees | 14 Feb 2025 Last Dividend | - Last Split | 19 Mar 2020 IPO Date |
Otis Worldwide Corporation stands as a pioneering force in the global market for the manufacturing, installation, and servicing of elevators and escalators. With a rich history dating back to 1853, the company has established a significant presence not only in the United States and China but also on an international scale. It operates through two primary segments: New Equipment and Service, catering to a diverse clientele that includes real-estate and building developers, general contractors, and directly to customers. Headquartered in Farmington, Connecticut, Otis continues to lead in innovation and customer service in the vertical transportation industry.
This segment is dedicated to the design, manufacture, sale, and installation of a comprehensive range of passenger and freight elevators, as well as escalators and moving walkways. These products are tailored for both residential and commercial buildings, in addition to infrastructure projects. Otis aims to meet the specific needs of real-estate and building developers, as well as general contractors, by offering direct sales and distribution through agents and distributors.
Under the Service segment, Otis offers extensive maintenance and repair services for its elevators and escalators. In addition to these services, it also provides modernization services, aiming to upgrade and enhance the performance and efficiency of existing elevators and escalators. This segment ensures the longevity and reliability of Otis products through timely and expert servicing.