Otis Worldwide Corporation ( OTIS ) shares are moving lower on Wednesday after reporting worse-than-expected 2024 third-quarter financial results and lowered its annual outlook. What To Know: Although Otis reported adjusted EPS of 96 cents, missing analysts’ estimates of 97 cents, this figure still represents a 1.1% year-over-year increase. In addition, Otis reported sales of $3.54 billion, missing analysts estimate...

05:30 PM EDT, 10/23/2024 (MT Newswires) -- Knight-Swift Transportation ( KNX ) reported Q3 adjusted earnings late Wednesday of $0.34 per diluted share, down from $0.41 a year earlier. Analysts polled by Capital IQ expected $0.32. Revenue for the quarter that ended Sept. 30 was $1.88 billion, down from $2.02 billion a year earlier. Analysts surveyed by Capital IQ expected...

05:54 PM EDT, 10/23/2024 (MT Newswires) -- Wyndham Hotels & Resorts ( WH ) reported Q3 adjusted earnings late Wednesday of $1.39 per diluted share, up from $1.31 a year earlier. Analysts polled by Capital IQ expected normalized EPS of $1.38. Net revenue in the three months ended Sept. 30 fell to $396 million from $402 million a year earlier....

Fortive Corporation ( FTV ) shares are trading lower after the company reported third-quarter results. Revenue grew 3% year-over-year to $1.54 billion, missing the consensus of $1.553 billion. Core Growth Sales by segments: Intelligent Operating Solutions $661.2 million (+2.6% year over year), Precision Technologies $550.9 million (-0.3%), and Advanced Healthcare Solutions $322.5 million (+8.3%). The company's adjusted operating margin is up 90 basis points Y/Y to 26.8% in the quarter. Adjusted EPS...