Oshkosh Shares Fall 2.5% Since Q3 Earnings Beat Expectations
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Oshkosh Corporation (OSK) reported better-than-expected third-quarter results. However, the company revised its 2024 sales expectations down to $10.6 billion from $10.7 billion, leading to a 2.5% drop in its share price.
November 06, 2024 | 3:30 pm
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Oshkosh Corporation's shares fell 2.5% after reporting better-than-expected Q3 earnings but lowering 2024 sales expectations to $10.6 billion.
Despite beating Q3 earnings expectations, Oshkosh's downward revision of 2024 sales forecast from $10.7 billion to $10.6 billion likely led to investor disappointment, causing a 2.5% drop in share price.
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