Otis Worldwide (OTIS)
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Otis Worldwide (OTIS) - 2024 Q2 - Earnings Call Presentation
2024-07-24 23:32
业绩总结 - 2024年第二季度销售额为37.20亿美元,同比下降3.2%[19] - 2024年上半年总销售额为7,066百万美元,同比下降0.4%[88] - 调整后的每股收益(EPS)为1.06美元,同比增长约15%[25] - 2024年上半年调整后的每股收益为1.89美元,同比增长11.2%[91] - 调整后的净收入为361百万美元,较上年同期的428百万美元下降15.7%[125] - 调整后的营业利润为613百万美元,营业利润率为17.0%[124] - 2024年上半年调整后的营业利润为1,174百万美元,同比增长88百万美元[112] 用户数据 - 服务业务有机销售增长5.1%,维护和修理增长4.9%[33] - 新设备订单同比下降11.4%,订单积压下降3%[11] - 现代化订单增长13.8%,订单积压增长17%[3] - 新设备的有机销售同比下降9.4%[130] 未来展望 - 预计2024年调整后的自由现金流为15亿至16亿美元[52] - 2024年有机销售预期增长1%至3%[49] - 调整后的每股收益(EPS)预计增长9%至10%[69] - 预计2024年调整后的有效税率为25.25%[121] 成本与效率 - 调整后的营业利润率扩大110个基点,达到17.0%[24] - 第二季度的SG&A费用为449百万美元,较上年同期的479百万美元下降6.3%[134] - UpLift计划的预期节省提高至1.75亿美元[55] - 第二季度的调整后营业利润率为17.0%,较第一季度的16.3%上升4.3%[126] 地区表现 - 美洲地区销售同比下降15.8%[80] - 亚太地区销售同比下降16.4%[80]
Compared to Estimates, Otis Worldwide (OTIS) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-24 22:35
The reported revenue represents a surprise of -3.50% over the Zacks Consensus Estimate of $3.73 billion. With the consensus EPS estimate being $1.03, the EPS surprise was +2.91%. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. View all Key Company Metrics for Otis Worldwide here>>> Otis Worldwide (OTIS) reported $3.6 billion in revenue for the quarter ended Jun ...
Otis Worldwide (OTIS) Q2 Earnings Beat Estimates
ZACKS· 2024-07-24 20:16
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ahead of this earnings release, the estimate revisions trend for Otis Worldwide: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected ...
OTIS REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-07-24 18:05
文章核心观点 - 奥的斯公司第二季度业绩表现强劲,服务业务表现出色,带动整体中高个位数的每股收益增长 [2][4] - 公司继续执行现代化战略,新订单和订单总额均实现两位数增长 [4] - 基于良好的业绩表现,公司上调了全年每股收益预期 [4] 服务业务 - 服务业务第二季度销售额增长3.0%,有机销售额增长5.1% [15][17] - 服务业务利润增加39百万美元,利润率提升110个基点至24.7% [18] - 维保和现代化业务有机销售均实现中单位数增长 [17] 新设备业务 - 新设备业务第二季度销售额下降11.4%,主要受中国市场拖累 [12] - 新订单下降11%,但EMEA和亚太地区有所增长 [14] - 新设备业务利润下降9百万美元,但利润率提升30个基点至7.7% [13] 现金流 - 第二季度经营活动现金流为308百万美元,自由现金流为353百万美元 [20] - 上半年自由现金流为508百万美元,同比下降179百万美元 [20] 2024年展望 - 预计全年有机销售增长1%-3%,其中服务业务有机销售增长6%-7% [22] - 预计全年调整后每股收益3.85-3.90美元,同比增长9%-10% [22] - 预计全年自由现金流约15-16亿美元 [22]
Otis Worldwide (OTIS) - 2024 Q2 - Quarterly Results
2024-07-24 18:03
财务业绩 - 公司第二季度净销售额为36.01亿美元,同比下降3.2%[3] - 第二季度GAAP每股收益增长13.3%至1.02美元,调整后每股收益增长15.2%至1.06美元[3][9] - 公司全年调整后每股收益预期为3.85美元至3.90美元,较上年增长9%至10%[19] - 公司调整后自由现金流预期为15亿美元至16亿美元[19] - 2024年第二季度和上半年的调整后净收益分别为4.28亿美元和7.89亿美元,同比增长11.8%和9.9%[38,39] - 2024年第二季度和上半年的调整后每股收益分别为1.06美元和1.94美元,同比增长15.2%和12.8%[40] 业务表现 - 服务业务净销售额增长3.0%,有机销售额增长5.1%[15] - 维护组合单元增加4.2%[4] - 新装订单增长14%,订单总额增长15%,按固定汇率计算增长17%[4] - 新装业务净销售额下降11.4%,主要受中国市场拖累[12] - 服务业务营业利润增长39百万美元,营业利润率提升110个基点至24.7%[15][16] - 2024年第二季度新设备、服务、维修保养和现代化业务的销售额同比分别下降11.4%、增长3.0%、增长2.9%和增长3.6%[44] - 2024年6月30日新设备订单和现代化订单的增长率分别为-4%和15%[47,48] - 2024年第二季度和上半年新设备、服务和整体调整后营业利润在汇率不变的情况下分别增长-5.0%、10.2%和6.4%[49,50,51,52,53,54] 非GAAP指标 - 公司采用"常货币"和"自由现金流"等非GAAP指标来反映公司的经营业绩[23] - 公司使用"调整后自由现金流"来衡量公司的流动性和为各项活动提供资金的能力[23] - 公司提供了调整后净收入、每股收益和有效税率等非GAAP指标[37] - 2024年第二季度和上半年的调整后营业利润分别为6.13亿美元和11.74亿美元,同比增长3.9%和5.9%[38] - 2024年第二季度和上半年的调整后有效税率分别为20.1%和22.9%,同比下降4.9个百分点和2.8个百分点[41] - 公司2024年第二季度和上半年的调整后自由现金流分别为3.53亿美元和5.08亿美元[59] 财务状况 - 2024年6月30日的现金及现金等价物为12.74亿美元[55] - 2024年6月30日的总负债为147.40亿美元,总权益为-49.34亿美元[55,56,57] - 公司2024年第二季度和上半年的营业活动现金流分别为3.08亿美元和4.79亿美元[58] - 公司2024年第二季度和上半年的自由现金流分别为2.84亿美元和4.24亿美元[59] - 公司2024年第二季度和上半年的净收入分别为4.5亿美元和8.24亿美元[58] - 公司2024年第二季度和上半年的折旧和摊销费用分别为4,100万美元和8,500万美元[58] 其他 - 公司的分部经营利润不包括某些未分配至分部的费用和收入[33][34][35] - 2024年第二季度和上半年营业利润中包含了与某些法律事项相关的和解费用[36]
OTIS Gears Up to Report Q2 Earnings: Key Factors to Consider
ZACKS· 2024-07-23 00:42
Otis Worldwide Corporation (OTIS) is scheduled to report second-quarter 2024 results on Jul 24, before the opening bell. Trend in Estimate Revision The world's leading elevator and escalator company's second-quarter 2024 performance is likely to have benefited from higher volume, favorable pricing and improved productivity. Also, the company's focus on acquisitions, product innovations and the integration of new technologies driven by ongoing research and development efforts is likely to have aided its seco ...
Otis Appoints Cristina Méndez Executive Vice President & Chief Financial Officer
Prnewswire· 2024-07-19 20:29
"Cristina has deep expertise in financial management and extensive experience leading transformation within and outside Otis. She understands our long-term strategy and service-driven business model and how to drive growth and shareholder value," said Marks. "As a strategic business partner, she has successfully led our finance teams through change with solid results in our diverse Europe Middle East and Africa (EMEA) region, which is responsible for more than half of our global Service portfolio." "We are ...
OTIS Set to Enhance Sydney Metro - Western Sydney Airport
ZACKS· 2024-07-12 02:46
Otis Worldwide Corp. (OTIS) , a global leader in elevator and escalator manufacturing, installation, and service, has been awarded a significant contract for the Sydney Metro – Western Sydney Airport project. The company will install 40 520NPE public escalators and 21 Gen3 and Gen2 elevators for the driverless metro railway line. The Sydney Metro – Western Sydney Airport project is an ambitious 23-kilometre driverless metro line featuring six new stations. Once completed, it will serve as a crucial transpor ...
Otis Second Quarter 2024 Earnings Advisory
Prnewswire· 2024-07-10 19:01
FARMINGTON, Conn., July 10, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 24, 2024, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Anurag Maheshwari will discuss the company's second quarter results and 2024 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the ...
Otis Worldwide (OTIS) to Offer Equipment & Servicing in Hanoi
ZACKS· 2024-07-09 00:25
This project of Otis Worldwide with Masterise Homes in Hanoi stands at number three, preceded by two other residential developments including the Ocean Park and Smart City high-end residential projects. In 2023-end, it had 11 R&D centers and 17 factories across the world, primarily in China, India, Japan, France, Germany, Spain, and the United States. These centers are strategically placed to enable the efficient development of engineering solutions. Also, it has approximately 1,200 engineers globally, with ...