Oshkosh Q2 Adj EPS $2.69 Beats $1.57 Estimate, Sales $2.41B Beat $2.21B Estimate
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation reported Q2 adjusted earnings of $2.69 per share, beating the analyst consensus estimate of $1.57 by 71.34%. This is a significant increase from $0.49 per share from the same period last year. The company also reported quarterly sales of $2.41 billion, surpassing the analyst consensus estimate of $2.21 billion by 8.94%. This represents a 16.80% increase over sales of $2.07 billion the same period last year.
August 01, 2023 | 11:09 am
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Oshkosh Corporation reported significantly higher Q2 earnings and sales than expected, indicating strong financial performance.
Oshkosh Corporation's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100