Oshkosh Q1 2024 Adj EPS $2.89 Beats $2.25 Estimate, Consolidated Net Sales $2.54B Beat $2.484B Estimate
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation reported its Q1 2024 adjusted earnings per share (EPS) at $2.89, surpassing the analysts' estimate of $2.25. The company's consolidated net sales reached $2.54 billion, also beating the forecast of $2.484 billion.
April 25, 2024 | 10:02 am
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Oshkosh Corporation exceeded Q1 2024 earnings and sales estimates, with an adjusted EPS of $2.89 and net sales of $2.54 billion.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. Given the significant beat on both fronts, it's likely that OSK will experience upward price movement in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100