Oshkosh Q4 2023 Adj EPS $2.56 Beats $2.24 Estimate, Sales $2.47B Beat $2.46B Estimate
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation reported Q4 2023 adjusted earnings per share (EPS) of $2.56, surpassing the consensus estimate of $2.24 by 14.29%. Quarterly sales reached $2.47 billion, slightly above the estimate of $2.46 billion, marking a 12.07% increase from the same period last year.
January 30, 2024 | 12:01 pm
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POSITIVE IMPACT
Oshkosh Corporation exceeded Q4 2023 EPS and sales estimates, indicating strong financial performance and potential investor confidence.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term increase in stock price. The significant beat on EPS and the year-over-year sales growth are strong indicators of the company's performance and may lead to upward price movement.
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