I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and ...
Otis Worldwide Corp reported mixed Q3 results, with new equipment orders down 10% year-over-year. However, investors should look past this macro-related slowdown for several reasons, as I will explain ...
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Otis Worldwide (OTIS) Down 4.2% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for Otis Worldwide (OTIS). Shares have lost about 4.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, ...
Otis Worldwide Corp (NYSE:OTIS) shares are trading lower Wednesday after the company reported financial results for the second quarter. Here’s a rundown of the report. Q2 Earnings: Otis reported ...
MOLINE, Ill. — Deere & Co.'s third-quarter net income rose 27 percent and easily beat most expectations as it benefited from the farm boom in North and South America. However, it said that ...
DEKALB, Illinois, May 9 (Reuters) - Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting ...
Worldwide Equipment has relocated and expanded its parts facility in the Charleston, W.Va. area to a new location that includes 12 service bays and room for additional parts inventory. A member of the ...
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