OSHKOSH, Wis. _ Oshkosh Corp. on Thursday reported fiscal third-quarter earnings of $89.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share. Oshkosh expects full-year earnings in the range of $3 to $3.25 per share, with revenue expected to be $6.1 billion.
July 30- Specialty truckmaker Oshkosh Corp reported a weaker-than-expected quarterly profit, hurt by a strong dollar, and it cut its full-year profit forecast for the second time in a row. The company expects adjusted profit of $3.00 to $3.25 per share for the full year. Net income available to shareholders fell to $89.7 million, or $1.13 per share, in the third...
July 30- Specialty truckmaker Oshkosh Corp reported a 14.3 percent drop in quarterly profit due to a strong dollar, and the company cut its full-year adjusted profit forecast. The company's net income available to its shareholders fell to $89.7 million, or $1.13 per share, in the third quarter ended June 30, from $104.7 million, or $1.22 per share, a year earlier.
June 16- Oshkosh Corp, a specialty truckmaker, said bad weather hurt sales at its access equipment business for the current quarter and cut its full-year profit. The company cut its adjusted earnings per share forecast for the full year to $3.75- $4.00 from $4.00- $4.25. Up to Monday's close of $50.33 on the New York Stock Exchange, Oshkosh's stock had risen 3.4...
June 16- Specialty truckmaker Oshkosh Corp cut its profit forecast for the full year, saying sales and profit were hurt by bad weather in the third quarter and delay in launching a product. The company said it expects third-quarter profit to be about the same as the adjusted profit for the same period a year earlier. Oshkosh cut its adjusted earnings per share...
April 28- Specialty truckmaker Oshkosh Corp reported a 7.4 percent fall in quarterly revenue as lower spending by the U.S. government hurt sales of the company's medium and heavy tactical vehicles. The business also recorded an operating loss of $12 million, compared with an operating income of $34.5 million a year earlier. Net income available to Oshkosh's...
April 28- Specialty truckmaker Oshkosh Corp reported a 7.4 percent fall in quarterly revenue, hurt by lower sales in its defense business. Net income available to shareholders fell to $54.5 million, or 69 cents per share, in the second quarter ended March 31, from $71.2 million, or 83 cents per share, a year earlier. Total revenue fell to $1.55 billion from $1.68...
McHugh said that if the budget caps, known as sequestration, remained in place, U.S. lawmakers would have to make tough decisions about which missions it wanted to Army to abandon. If sequestration cuts take effect, he said, the Army would try to protect two big weapons programs for new ground vehicles: a Humvee replacement contract due to be awarded this year, and a...
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