Earnings ·
Reports Q3 EPS of $2.22, cuts full-year adjusted EPS outlook to $8.50-$9.50
OSKOshkosh Corp
Oshkosh Corporation reported third-quarter net income of $138.4 million, or $2.22 per diluted share, down from $3.04 in the prior year period. Consolidated sales rose 5.7 percent to $2.84 billion, driven by strong performance in the Access segment, though operating income declined due to challenges in fire truck production. The company lowered its full-year adjusted earnings per share guidance to a range of $8.50 to $9.50 and reduced net sales expectations to approximately $11.0 billion. Additionally, the Board declared a quarterly cash dividend of $0.57 per share. Oshkosh Corporation manufactures purpose-built vehicles and equipment for municipal, defense, and access markets.