Oshkosh: Q3 Earnings Snapshot

Published 1 week ago Positive
Oshkosh: Q3 Earnings Snapshot
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OSHKOSH, Wis. (AP) — OSHKOSH, Wis. (AP) — Oshkosh Corp. (OSK) on Wednesday reported third-quarter net income of $196.2 million.

On a per-share basis, the Oshkosh, Wisconsin-based company said it had profit of $3.04. Earnings, adjusted for one-time gains and costs, came to $3.20 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.12 per share.

The heavy vehicle manufacturer for the military, emergency and commercial companies posted revenue of $2.69 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $2.82 billion.

Oshkosh expects full-year earnings in the range of $10.50 to $11 per share, with revenue in the range of $10.3 billion to $10.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSK at https://www.zacks.com/ap/OSK

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