Oshkosh: Fiscal 4Q Earnings Snapshot

October 30, 2019 GMT

OSHKOSH, Wis. (AP) _ Oshkosh Corp. (OSK) on Wednesday reported fiscal fourth-quarter earnings of $150 million.

The Oshkosh, Wisconsin-based company said it had net income of $2.17 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.

The heavy vehicle manufacturer for the military, emergency and commercial companies posted revenue of $2.2 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.11 billion.

For the year, the company reported profit of $579.4 million, or $8.21 per share. Revenue was reported as $8.38 billion.

Oshkosh expects full-year earnings to be $7.30 to $8.10 per share, with revenue in the range of $7.9 billion to $8.2 billion.

Oshkosh shares have climbed 38% since the beginning of the year. The stock has risen 59% in the last 12 months.


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