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Oshkosh: Q3 Earnings Insights

Benzinga Insights
·1 min read

Shares of Oshkosh (NYSE:OSK) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 52.57% year over year to $1.29, which beat the estimate of $0.49.

Revenue of $1,581,000,000 decreased by 33.93% from the same period last year, which beat the estimate of $1,550,000,000.

Guidance

Oshkosh hasn't issued any earnings guidance for the time being.

Oshkosh hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 30, 2020

View more earnings on OSK

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.oshkoshcorp.com%2Fhome%2Fdefault.aspx&eventid=2402762&sessionid=1&key=AD2354199D2E9A3A4F83397FA1C0BF4D&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $95.62

52-week low: $46.72

Price action over last quarter: Up 19.19%

Company Overview

Oshkosh is a leading maker of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. After winning the contract to make the Humvee replacement, the Joint Light Tactical Vehicle, in 2015, Oshkosh became the largest supplier of light defense trucks to the U.S. military. The company reports four segments--access equipment (49% of revenue), defense (24%), fire and emergency (15%), commercial (12%)--and it generated $8.4 billion in revenue in 2019.

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