Oshkosh Corp. (OSK) Tops Q2 EPS by 17c, Revenues Beat

Oshkosh Corp. (NYSE: OSK) reported Q2 EPS of $1.82, $0.17 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $1.98 billion.

“We are pleased to report another quarter of strong performance highlighted by growth in revenue, operating income and earnings per share,” said Wilson R. Jones, president and chief executive officer of Oshkosh Corporation. “We delivered increased sales in three of our four segments, leading to earnings per share of $1.82, which exceeded our fiscal 2018 second quarter results.

“This quarter truly exemplifies why we are a different integrated global industrial. Our diverse end market exposure coupled with our integrated operations and supply chain allowed us to overcome a number of challenges, including a significant weather-related disruption in our commercial segment to deliver higher consolidated year-over-year sales and earnings.

“As a result of our continued strong execution, healthy backlogs and solid outlook for our markets, we are increasing our expectations for fiscal 2019 earnings per share to be in a range of $7.40 to $7.70 or $7.50 to $7.80 on an adjusted1 earnings per share basis,” said Jones.

For earnings history and earnings-related data on Oshkosh Corp. (OSK) click here.

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