Oshkosh Corp OSK.N reported quarterly adjusted earnings of $2.93 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.04. The mean expectation of fourteen analysts for the quarter was for earnings of $2.92 per share. Wall Street expected results to range from $2.42 to $3.16 per share.
Revenue rose 9.2% to $2.74 billion from a year ago; analysts expected $2.67 billion.
Oshkosh Corp's reported EPS for the quarter was $2.75.
The company reported quarterly net income of $180.3 million.
Oshkosh Corp shares had risen by 7.6% this quarter and lost 0.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"
Wall Street's median 12-month price target for Oshkosh Corp is 121.00
This summary was machine generated from LSEG data October 30 at 03:18 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 2.92 | 2.93 | Beat |
Jun. 30 2024 | 2.98 | 3.34 | Beat |
Mar. 31 2024 | 2.25 | 2.89 | Beat |
Dec. 31 2023 | 2.24 | 2.56 | Beat |
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