Q2 2024 - Analyzing Otis' Performance
Stronger-than-expected margin expansion in Service; worse NE outlook for China
Today, Otis Worldwide reported its Q2 earnings. Pre-market, the stock was down 9.8% at some point. At the time of writing, it’s down 6.4%. Let’s review the results in more detail. As a reminder, we shared our deep dive in June.
