Oshkosh Sees 2024 Adj. EPS In The Range Of $10.25 vs $10.31 Est.
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation has provided guidance for its 2024 adjusted earnings per share (EPS), projecting a range of $10.25, which is slightly below the estimated $10.31.
January 30, 2024 | 12:03 pm
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Oshkosh Corporation's projected 2024 adjusted EPS of $10.25 falls short of the analyst estimate of $10.31, indicating a conservative outlook that may concern investors.
Oshkosh Corporation's guidance for 2024 adjusted EPS being lower than analyst estimates suggests a cautious outlook, which could lead to a negative investor sentiment in the short term. This conservative forecast might be interpreted as a lack of confidence in the company's ability to meet or exceed market expectations, potentially putting downward pressure on the stock price.
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