Oshkosh Corporation Q2 Earnings Retreat 21%

(RTTNews) - Oshkosh Corporation (OSK) released a profit for second quarter that fell compared to the same period last year.

The company said its profit dropped to $44.3 million, or $0.58 per share. This was down from $56.1 million, or $0.76 per share, in last year's second quarter.

Analysts had expected the company to earn $0.75 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.6% to $1.62 billion. This was up from $1.52 billion last year.

Oshkosh Corporation earnings at a glance:

-Earnings (Q2): $44.3 Mln. vs. $56.1 Mln. last year. -Earnings Decline (Y-o-Y): -21.0% -EPS (Q2): $0.58 vs. $0.76 last year. -EPS Decline (Y-o-Y): -23.7% -Analysts Estimate: $0.75 -Revenue (Q2): $1.62 Bln vs. $1.52 Bln last year. -Revenue Change (Y-o-Y): 6.6%

-Guidance: Full year EPS guidance: $2.70 - $3.00