26.04.2018 16:29:09
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Oshkosh Corporation Q2 adjusted earnings Beat Estimates
(RTTNews) - Oshkosh Corporation (OSK) announced a profit for its second quarter that increased from last year.
The company's profit totaled $110.8 million, or $1.47 per share. This compares with $44.3 million, or $0.58 per share, in last year's second quarter.
Excluding items, Oshkosh Corporation reported adjusted earnings of $111.6 million or $1.54 per share for the period.
Analysts had expected the company to earn $1.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 16.7% to $1.89 billion from $1.62 billion last year.
Oshkosh Corporation earnings at a glance:
-Earnings (Q2): $111.6 Mln. vs. $58.0 Mln. last year. -EPS (Q2): $1.54 vs. $0.76 last year. -Analysts Estimate: $1.08 -Revenue (Q2): $1.89 Bln vs. $1.62 Bln last year.
-Guidance: Full year EPS guidance: 5.40 - 5.85
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