Oshkosh (OSK) reported Q1 adjusted earnings Wednesday of $1.92 per diluted share, down from $2.89 a year earlier.
Analysts polled by FactSet expected $2.05.
Revenue for the quarter ended March 31 was $2.31 billion, down from $2.54 billion a year earlier.
Analysts surveyed by FactSet expected $2.41 billion.
For 2025, the specialty vehicles maker said it expects tariffs to reduce its $11.00 adjusted EPS guidance by $1.00 per share, though it also anticipates that cost reductions could offset the impact by up to $0.50 per share.
Analysts polled by FactSet expect non-GAAP EPS of $10.60.
The company also said it is keeping a quarterly cash dividend of $0.51 per share, payable May 30 to shareholders as of May 16.
Shares of the company were down more than 3.7% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.