Oshkosh Guides FY19 Earnings In Line With View, Boosts Dividend - Quick Facts

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Oshkosh Corp. (OSK) initiated earnings and net sales guidance for the full-year 2020, and raised its quarterly cash dividend.

For Fiscal 2020, the company now projects earnings in a range of $7.30 to $8.10 per share on projected net sales between $7.9 billion and $8.2 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $8.02 per share on net sales of $8.30 billion for the year. Analysts' estimates typically exclude special items.

Further, the Company's Board of Directors today declared an 11.1 percent higher quarterly cash dividend of $0.30 per share of Common Stock, payable on December 2, 2019, to shareholders of record as of November 18, 2019.