Otis Worldwide Corp Ordinary Shares
OTIS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| H%$ | LOCK|%F# | LOCK|??m#rMW |
Otis Earnings: Chinese Headwinds Unrelenting, but Global Modernization Opportunity Remains
Wide-moat Otis Worldwide reported mixed fourth-quarter results, with organic revenue growth of 1.9% slightly ahead of FactSet consensus but service revenue and EBIT margin a touch lighter than our expectations. Management made no changes to its 2025 outlook for 2%-4% sales growth and continued margin improvement. With no changes expected to our forecasts, we maintain our $104 fair value estimate.
