Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say

Otis Worldwide (OTIS) reported $3.35 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.5%. EPS of $0.92 for the same period compares to $0.88 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.41 billion, representing a surprise of -1.66%. The company delivered an EPS surprise of +1.10%, with the consensus EPS estimate being $0.91.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Otis Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Service: $2.19 billion versus the three-analyst average estimate of $2.25 billion. The reported number represents a year-over-year change of +1.4%. Net Sales- New Equipment: $1.16 billion versus the three-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of -9.1%. Adjusted Operating Profit- New Equipment: $67 million versus the three-analyst average estimate of $55.09 million. Adjusted Operating Profit- Service: $552 million versus the three-analyst average estimate of $549.28 million. Operating Profit- General corporate expenses and other: -$192 million compared to the -$42.07 million average estimate based on two analysts. View all Key Company Metrics for Otis Worldwide here>>>Shares of Otis Worldwide have returned -2.4% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Otis Worldwide Corporation (OTIS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks