Elevator and escalator operator Otis Worldwide (OTIS) released its second quarter results, revealing earnings of $1.06 per share beating estimates of $1.03. ...
) released its second quarter results, revealing earnings of $1.06 per share beating estimates of $1.03. Revenue was down 3.2% year-over-year to $3.6 billion against an expected $3.73 billion.joins Catalysts to speak with Otis CEO Judy Marks, who provides executive insight into the company's performance the Chinese market's impact on the company's business.
It was our highest margin since we became independent at 17% with 110 basis points and margin expansion. And now a third of our revenue is in service, which is two x 4.5 years ago when we spun and we're continuing to grow that uh you know, day after day quarter, after quarter. And all we want is a pro growth environment that allows us to continue you to make a difference for the lives of Americans, Judy.Are you and your fellow C OS on the business roundtable?When I hear things like a 10% universal tariff?
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