Schindler to cut 2,000 jobs as Chinese recovery offset by global slump

Go back to Schindler to cut 2,000 jobs as Chinese recovery offset by global slump

Otis Worldwide (OTIS) Tops Q2 EPS by 12c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

July 28, 2020 6:06 AM EDT

Otis Worldwide (NYSE: OTIS) reported Q2 EPS of $0.56, $0.12 better than the analyst estimate of $0.44. Revenue for the quarter came in at $3.03 billion versus the consensus estimate of $2.94 billion.

"Otis' second quarter results, considering COVID-19 related challenges, demonstrated the resiliency of our business, the strength of our strategy, and our ability to contain costs. We generated robust free... More