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Oshkosh: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

OSHKOSH, Wis. (AP) — OSHKOSH, Wis. (AP) — Oshkosh Corp. (OSK) on Thursday reported first-quarter earnings of $179.4 million.

The Oshkosh, Wisconsin-based company said it had net income of $2.71 per share. Earnings, adjusted for one-time gains and costs, came to $2.89 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share.

The heavy vehicle manufacturer for the military, emergency and commercial companies posted revenue of $2.54 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.5 billion.

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Oshkosh expects full-year earnings to be $11.25 per share.

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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