Oshkosh (NYSE:OSK) on Friday reported worse-than-expected first-quarter financial results.
Oshkosh reported quarterly earnings of 85 cents per share which missed the analyst consensus estimate of $1.17 per share. The company reported quarterly sales of $2.317 billion which missed the analyst consensus estimate of $2.322 billion.
“We delivered first quarter adjusted earnings per share of $0.85 reflecting lower results in our Access and Vocational segments compared with last year,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation. “While fire truck production improved year-over-year, deliveries were below our expectations, driven in part by weather- and travel-related disruptions.
Oshkosh affirmed its FY2026 adjusted EPS guidance of $11.50.
Oshkosh shares fell 0.2% to trade at $137.82 on Monday.
These analysts made changes to their price targets on Oshkosh following earnings announcement.
- Baird analyst Mircea Dobre maintained the stock with an Outperform rating and lowered the price target from $175 to $172.
- Truist Securities analyst Jamie Cook reiterated the stock with a Hold and lowered the price target from $183 to $176.
Considering buying OSK stock? Here’s what analysts think:
Photo via Shutterstock