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Market Overview

Earnings Preview for Oshkosh

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Oshkosh (NYSE:OSK) releases its next round of earnings this Wednesday, January 27. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect Oshkosh's EPS to be near $0.73 on sales of $1.53 billion. In the same quarter last year, Oshkosh reported EPS of $1.1 on revenue of $1.70 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 33.64% decline in the company's earnings. Sales would be down 9.73% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 1.09 0.49 1.25 1.15
EPS Actual 1.30 1.29 1.25 1.10
Revenue Estimate 1.66 B 1.55 B 1.80 B 1.70 B
Revenue Actual 1.78 B 1.58 B 1.80 B 1.70 B

Stock Performance

Shares of Oshkosh were trading at $93.38 as of January 25. Over the last 52-week period, shares are up 7.23%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Oshkosh is scheduled to hold the call at 09:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings