Oshkosh Corporation Sees FY24 Adjusted EPS Of $11.35 (Estimate: $11.40), Compared To Prior View Of $10.45-$11.75; Sees Revenues Of $10.6B (Estimate: $10.51B) Compared To Prior View $10.7B
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Corporation has updated its financial outlook for FY24, projecting an adjusted EPS of $11.35, slightly below the estimate of $11.40, but within the prior range of $10.45-$11.75. The company also forecasts revenues of $10.6 billion, slightly above the estimate of $10.51 billion, but below the prior view of $10.7 billion.
October 30, 2024 | 11:08 am
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Oshkosh Corporation's updated FY24 guidance shows a slight miss on EPS estimates but a slight beat on revenue estimates. The adjusted EPS is now $11.35, compared to the estimate of $11.40, and revenues are projected at $10.6 billion, above the $10.51 billion estimate.
The updated guidance shows a mixed outlook with EPS slightly below expectations and revenues slightly above. This balanced result may lead to a neutral short-term impact on the stock price as investors weigh the slight miss on EPS against the revenue beat.
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