Oshkosh: Fourth Quarter Earnings Overview
Oshkosh Corp. Announces Fourth-Quarter Financial Results
Oshkosh Corp., headquartered in Oshkosh, Wisconsin, revealed on Thursday that its net income for the fourth quarter reached $133.8 million.
The company reported earnings of $2.10 per share, with adjusted earnings—excluding amortization expenses—coming in at $2.26 per share.
These figures were below the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey of seven analysts, had anticipated earnings of $2.33 per share.
Despite the earnings miss, Oshkosh surpassed revenue projections, generating $2.69 billion in revenue for the quarter. This exceeded the $2.56 billion forecasted by five analysts polled by Zacks.
For the full fiscal year, Oshkosh reported a total profit of $647 million, or $10.02 per share, with annual revenue amounting to $10.42 billion.
Looking ahead, the company projects its earnings for the coming year to be $11.50 per share.
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