Otis Worldwide Corp Ordinary Shares
OTIS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ML^ | LOCK|m& | LOCK|$D&!cbt |
Otis Earnings: Flat EBIT and Lowered Outlook Mask Underlying Service Strength
Otis reported flat adjusted EBIT for the second quarter, with service revenue growth offset by lower new-equipment sales. Shares were down about 6% in premarket trading on July 23 as guidance was lowered.
