Oshkosh Reduces Q3 & Full Year EPS Outlook - Quick Facts

(RTTNews) - Oshkosh Corp. (OSK) said the company now expects its third-quarter EPS will approximate the adjusted EPS of $1.23, reported in the third quarter of prior year. Previously, the company believed its third-quarter EPS would be above EPS for the third quarter of fiscal 2014. Oshkosh noted that its sales and earnings, principally in its access equipment segment, have been impacted by several factors including severe weather conditions, potential rental industry consolidation and, to a lesser extent, new product launch delays.

Analysts polled by Thomson Reuters expect the company to report profit per share of $1.48 for the quarter. Analysts' estimates typically exclude special items.

The company also updated its full year 2015 adjusted EPS estimate range to $3.75 to $4.00, reduced from its most recent expectation of $4.00 to $4.25. Analysts expect the company to report profit per share of $4.04 for the fiscal year.