Otis Worldwide Corp Ordinary Shares

OTIS: XNYS (USA)
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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.

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