Oshkosh Boosts FY23 Adjusted EPS From The Prior $6.00 Range To Be In The Range Of $8.00; Consensus $6.12
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation has increased its FY23 adjusted EPS forecast from the previous $6.00 range to a new range of $8.00. The consensus estimate was $6.12.

August 01, 2023 | 11:20 am
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POSITIVE IMPACT
Oshkosh Corporation's upward revision of its FY23 adjusted EPS forecast is likely to positively impact its stock price in the short term.
Oshkosh Corporation's upward revision of its FY23 adjusted EPS forecast from the previous $6.00 range to a new range of $8.00, which is significantly higher than the consensus estimate of $6.12, is a positive signal to investors. This indicates that the company is expecting higher profitability in FY23, which is likely to increase investor confidence and demand for the stock, thereby driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100