What's Going On With Otis Worldwide Stock Today?
What's Going On With Otis Worldwide Stock Today?
Otis Worldwide Corp (NYSE:OTIS) reported first-quarter fiscal 2024 sales growth of 2.7% year-over-year to $3.437 billion, missing the consensus of $3.455 billion.
奧的斯環球公司（紐約證券交易所代碼：OTIS）報告稱，2024財年第一季度銷售額同比增長2.7％，達到34.37億美元，未達到34.55億美元的共識。
Adjusted operating profit increased to $561 million from $518 million, and the margin expanded by 80 bps to 16.3%, led by favorable segment performance and mix.
調整後的營業利潤從5.18億美元增至5.61億美元，在良好的細分市場表現和組合的帶動下，利潤率增長了80個點子至16.3％。
New Equipment sales of $1.28 billion fell 2.1% Y/Y. Operating margin expanded 20 bps to 5.5%. New Equipment orders declined 10% Y/Y at constant currency due to weakness in the Americas and China. The new equipment backlog fell by 2% in the quarter.
新設備銷售額爲12.8億美元，同比下降2.1％，營業利潤率增長20個點子至5.5％。由於美洲和中國疲軟，按固定匯率計算，新設備訂單同比下降了10％。本季度新設備積壓量下降了2％。
Service sales increased 5.8% Y/Y to $2.157 billion, and the operating margin expanded 70 bps to 24.2%
服務銷售額同比增長5.8％，達到21.57億美元，營業利潤率增長70個點子至24.2％
The Farmington, Connecticut-based company's maintenance portfolio units increased by 4.1%; Mod orders were up 13% Y/Y, and backlog was up 15% Y/Y at constant currency.
這家總部位於康涅狄格州法明頓的公司的維護投資組合單位增長了4.1％；國防部訂單同比增長13％，積壓的訂單同比增長了15％。
Adjusted EPS improved to $0.88 from $0.80 a year ago, beating the consensus of $0.87.
調整後的每股收益從去年同期的0.80美元提高至0.88美元，超過了市場預期的0.87美元。
Otis's cash flow from operations of $171 million for the quarter decreased by $107 million Y/Y, and the adjusted free cash flow was $155 million. The company repurchased shares of $300 million during the quarter.
奧的斯本季度運營現金流爲1.71億美元，同比減少1.07億美元，調整後的自由現金流爲1.55億美元。該公司在本季度回購了3億美元的股票。
"After delivering a strong first quarter, we are raising our EPS outlook driven by operational performance and increasing our share repurchase target to $1 billion for the year. With confidence in our long-term strategy, we have raised the quarterly dividend 14.7%, reinforcing our commitment to creating shareholder value," commented Judy Marks, Chair, CEO & President.
“在第一季度表現強勁之後，我們在運營業績的推動下提高了每股收益展望，並將今年的股票回購目標提高至10億美元。憑藉對長期戰略的信心，我們將季度股息提高了14.7％，這加強了我們對創造股東價值的承諾。” 主席、首席執行官兼總裁朱迪·馬克斯評論道。
Yesterday, Otis declared a quarterly dividend of $0.39 per share of common stock, representing a 14.7% increase. The dividend will be payable on June 7 to shareholders of record on May 17.
昨天，奧的斯宣佈季度股息爲每股普通股0.39美元，增長14.7％。股息將於6月7日支付給5月17日的登記股東。
2024 Outlook: Otis revised its outlook for adjusted EPS to $3.83-$3.90 (prior $3.80-$3.90) versus the consensus $3.87; continues to see net sales of $14.5 billion-$14.8 billion versus the consensus of $14.70 billion, and organic sales up 3%-5%.
2024年展望：奧的斯將其調整後的每股收益展望從預期的3.87美元上調至38.3美元至3.90美元（之前爲3.80美元至3.90美元）；淨銷售額繼續爲145億至148億美元，而市場預期爲147.0億美元，有機銷售額增長3％-5％。
The company sees adjusted operating profit of $2.40 billion-$2.45 billion and adjusted free cash flow of ~$1.6 billion.
該公司預計調整後的營業利潤爲24.0億美元至24.5億美元，調整後的自由現金流約爲16億美元。
Price Action: OTIS shares are trading lower by 4.47% at $93.11 at the last check Wednesday.
價格走勢：在週三的最後一次支票中，奧的斯股價下跌4.47％，至93.11美元。