Otis Worldwide Corp (OTIS) announced a profit for its fourth quarter that Increases, from last year
The company's earnings totaled $374 million, or $0.95 per share. This compares with $337 million, or $0.84 per share, last year.
Excluding items, Otis Worldwide Corp reported adjusted earnings of $404 million or $1.03 per share for the period.
The company's revenue for the period rose 3.3% to $3.796 billion from $3.675 billion last year.
Otis Worldwide Corp earnings at a glance (GAAP) :
-Earnings: $374 Mln. vs. $337 Mln. last year.-EPS: $0.95 vs. $0.84 last year.-Revenue: $3.796 Bln vs. $3.675 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.