India, July 23 -- Otis Worldwide Corp (OTIS) released a profit for second quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $393 million, or $0.99 per share. This compares with $415 million, or $1.02 per share, last year.
Excluding items, Otis Worldwide Corp reported adjusted earnings of $416 million or $1.05 per share for the period.
Analysts on average had expected the company to earn $1.03 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.2% to $3.595 billion from $3.601 billion last year.
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Otis Worldwide Corp earnings at a glance (GAAP)...