Oshkosh (OSK) To Report Earnings Tomorrow: Here Is What To Expect

StockStory
01-29
Oshkosh (OSK) To Report Earnings Tomorrow: Here Is What To Expect

Specialty vehicles contractor Oshkosh (NYSE:OSK) will be reporting results tomorrow before the bell. Here’s what you need to know.

Oshkosh beat analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $2.74 billion, up 9.2% year on year. It was a decent quarter for the company, with full-year revenue guidance slightly topping analysts’ expectations.

Is Oshkosh a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Oshkosh’s revenue to decline 2.1% year on year to $2.42 billion, a reversal from the 11.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.18 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Oshkosh has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Oshkosh’s peers in the heavy transportation equipment segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Greenbrier delivered year-on-year revenue growth of 8.3%, beating analysts’ expectations by 3.1%, and PACCAR reported a revenue decline of 14.3%, falling short of estimates by 1.3%. Greenbrier traded up 3.7% following the results.

Read our full analysis of Greenbrier’s results here and PACCAR’s results here.

There has been positive sentiment among investors in the heavy transportation equipment segment, with share prices up 3.5% on average over the last month. Oshkosh’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $116.01 (compared to the current share price of $95.60).

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10