Oshkosh Corp

OSK

Equity

ISIN US6882392011 / Valor 958840

New York Stock Exchange, Inc (2025-03-17)

USD 96.97+1.25%

Oshkosh Corp
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About company

Oshkosh Corporation (NYSE: OSK) is a prominent manufacturer of purpose-built vehicles and equipment, known for its innovative solutions in various industries. The company's diverse product portfolio includes specialty trucks, military vehicles, fire and emergency vehicles, and access equipment. With a strong focus on quality and reliability, Oshkosh Corp has established itself as a trusted provider of specialized vehicles for commercial, defense, and municipal customers worldwide.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Oshkosh Corporation reported a 9.2 percent increase in consolidated sales for the third quarter of 2024, reaching $2.74 billion. This growth was primarily driven by improved organic sales volume across all segments, an additional month of AeroTech sales, and enhanced pricing strategies.

Earnings Per Share

For the third quarter of 2024, Oshkosh Corporation reported earnings per share of $2.75, with adjusted earnings per share at $2.93. This compares to earnings per share of $2.79 and adjusted earnings per share of $3.04 for the same period in 2023.

Operating Income

Oshkosh Corporation's consolidated operating income for the third quarter of 2024 increased by 3.8 percent to $266.2 million, representing 9.7 percent of sales. The adjusted operating income rose by 2.2 percent to $282.5 million, or 10.3 percent of sales, compared to the third quarter of 2023.

Dividend Declaration

The Board of Directors of Oshkosh Corporation declared a quarterly cash dividend of $0.46 per share of Common Stock. This dividend is payable on November 29, 2024, to shareholders of record as of November 15, 2024.

2024 Outlook

Oshkosh Corporation has adjusted its expectations for 2024, projecting diluted earnings per share to be approximately $10.00 and adjusted earnings per share to be around $11.35. The company anticipates net sales to be approximately $10.6 billion for the year, reflecting a slight reduction due to softening in the North American access equipment market.

Summarized from source with an LLMView Source

Key figures

-15.8%1Y

-11.2%3Y

66.0%5Y

Performance

33.6%1Y

32.4%3Y

36.5%5Y

Volatility