By Dean Seal
Oshkosh is forecasting big jumps in sales and earnings for 2028 as sustained demand across its end markets continues to boost its backlog.
The maker of speciality vehicles and machinery for various industries, including defense and transportation, is guiding for revenue of $13 billion to $14 billion in 2028.
That would be up from $10.76 billion last year. Analysts polled by FactSet are projecting $10.3 billion this year, $10.85 billion next year and $11.5 billion in revenue for 2027.
Oshkosh also is targeting earnings of $18 to $20 a share in 2028. It logged $11.74 a share last year, and analysts are predicting $10.20 a share this year, $11.95 a share for 2026 and $13.92 a share in 2027.
Shares jumped 5.6% to $107.80 in midday trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 05, 2025 13:39 ET (17:39 GMT)
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