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Oshkosh Q2 2023 Earnings Report

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$93.84 -0.35 (-0.37%)
(As of 12/20/2024 05:45 PM ET)

Oshkosh EPS Results

Actual EPS
$2.69
Consensus EPS
$1.57
Beat/Miss
Beat by +$1.12
One Year Ago EPS
$0.41

Oshkosh Revenue Results

Actual Revenue
$2.41 billion
Expected Revenue
$2.25 billion
Beat/Miss
Beat by +$159.25 million
YoY Revenue Growth
+16.80%

Oshkosh Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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Oshkosh Earnings Headlines

Oshkosh price target raised to $116 from $113 at Truist
AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
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About Oshkosh

Oshkosh (NYSE:OSK) provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts. The Defense segment engages in the manufacture and sale of heavy, medium, and light tactical wheeled vehicles and related services for department of defense. Its Vocational segment offers custom and commercial firefighting equipment, fire apparatus, and emergency vehicles, including pumpers, aerial platform, ladder and tiller trucks, and tankers; light, medium, and heavy-duty rescue vehicles; and wildland rough terrain response, bomb squad, hazardous materials control vehicles, mobile command and control centers, and other emergency response vehicles. Additionally, this segment produces and sells custom and commercial firefighting vehicles, as well as command vehicles, ARFF vehicles; design and manufacture refuse collection vehicles for waste services industry; front discharge concrete mixers for the concrete ready-mix industry; and field service vehicles and truck-mounted cranes for construction, equipment dealer, building supply, utility, tire service, railroad, and mining industries. Further, the company provides its products through direct sales representatives, dealers, and distributors. Oshkosh Corporation was formerly known as Oshkosh Truck Corporation. The company was founded in 1917 and is headquartered in Oshkosh, Wisconsin.

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