By Denny Jacob
Oshkosh shares rose 7.7% in premarket trading on Thursday following higher quarterly sales and its outlook for the year.
Shares were trading around $103.01. The stock is down 15% over the last year.
The specialty vehicle and machinery maker reported sales of $2.62 billion in the fourth quarter, up from $2.47 billion a year earlier. Analysts polled by FactSet expected $2.42 billion.
Oshkosh forecast adjusted earnings per-share of $11 and sales of about $10.6 billion in 2025. Analysts polled by Factset expected $10.43 a share in adjusted earnings and sales of around $10.2 billion.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 30, 2025 08:14 ET (13:14 GMT)
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