Oshkosh OSK reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Oshkosh missed estimated earnings by 54.44%, reporting an EPS of $0.41 versus an estimate of $0.9.
Revenue was up $177.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.2% drop in the share price the next day.
Here's a look at Oshkosh's past performance:
Quarter | Q1 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.16 | 0.49 | 0.74 | 2.26 |
EPS Actual | 0.24 | 0.09 | 1.05 | 2.09 |
Revenue Estimate | 1.88B | 1.68B | 1.87B | 2.21B |
Revenue Actual | 1.95B | 1.79B | 2.06B | 2.21B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Oshkosh management provided guidance for FY 2022, expecting earnings between $3.5 and $3.5 per share.
To track all earnings releases for Oshkosh visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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