Oshkosh: Q4 Earnings Snapshot

Associated Press Finance
30 Jan

OSHKOSH, Wis. (AP) — OSHKOSH, Wis. (AP) — Oshkosh Corp. (OSK) on Thursday reported fourth-quarter net income of $153.1 million.

On a per-share basis, the Oshkosh, Wisconsin-based company said it had net income of $2.33. Earnings, adjusted for amortization costs, came to $2.58 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.

The heavy vehicle manufacturer for the military, emergency and commercial companies posted revenue of $2.62 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $2.43 billion.

For the year, the company reported profit of $681.4 million, or $10.35 per share. Revenue was reported as $10.76 billion.

Oshkosh expects full-year earnings to be $11 per share, with revenue expected to be $10.6 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSK at https://www.zacks.com/ap/OSK

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