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Otis Worldwide Q4 Adjusted Earnings, Net Sales Increase; 2025 Outlook Issued
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Otis Worldwide Q4 Adjusted Earnings, Net Sales Increase; 2025 Outlook Issued
Jan 29, 2025 3:51 AM

06:22 AM EST, 01/29/2025 (MT Newswires) -- Otis Worldwide ( OTIS ) reported Q4 adjusted earnings Wednesday of $0.93 per diluted/basic share, up from $0.87 a year earlier.

Analysts polled by FactSet expected $0.96.

Net sales for the quarter ended Dec. 31 were $3.68 billion, up from $3.62 billion a year earlier.

Analysts surveyed by FactSet expected $3.64 billion.

For 2025, the company expects adjusted EPS of $4.00 to $4.10 per share on net sales of $14.1 to $14.4 billion. Analysts polled by FactSet expect adjusted EPS of $4.11 per share on revenue of $14.47 billion.

Shares of the company were down 2% in premarket activity.

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