financetom
Business
financetom
/
Business
/
Oshkosh Q3 Adjusted Earnings Fall, Net Sales Rise; Lowers 2024 Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oshkosh Q3 Adjusted Earnings Fall, Net Sales Rise; Lowers 2024 Outlook
Oct 30, 2024 6:11 AM

08:39 AM EDT, 10/30/2024 (MT Newswires) -- Oshkosh Corp ( OSK ) reported Q3 adjusted earnings Thursday of $2.93 per diluted share, down from $3.04 a year earlier.

Analysts polled by Capital IQ expected $2.91.

Net sales for the quarter ended Sept. 30 were $2.74 billion, up from $2.51 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.67 billion.

Looking ahead, the company said it now expects 2024 adjusted EPS to be about $11.35, down from $11.75 previously. Analysts polled by Capital IQ expect $11.42.

Net sales for 2024 are now expected to be around $10.6 billion, compared with $10.7 billion previously. Analysts surveyed by Capital IQ expect $10.52 billion.

The company maintained its quarterly dividend at $0.46 a share, payable Nov. 29 to shareholders of record as of Nov. 15.

Oshkosh shares were down nearly 1% in recent premarket activity.

Price: 106.90, Change: -0.93, Percent Change: -0.86

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Calibre's Valentine Gold Mine 2024 Exploration Program Underway; Shares Gained 5% On Tuesday
Calibre's Valentine Gold Mine 2024 Exploration Program Underway; Shares Gained 5% On Tuesday
Apr 3, 2024
07:10 AM EDT, 04/03/2024 (MT Newswires) -- Calibre Mining Corp. ( CXBMF ) , which gained more than 5% yesterday, on Wednesday said its 2024 exploration program at the Valentine gold mine in Newfoundland and Labrador is underway. According to a statement, the property hosts five gold deposits with measured and indicated resources of 4.0 million ounces and inferred resources...
BRIEF-Blue World Acquisition Corp Extends Deadline For Initial Business Combination
BRIEF-Blue World Acquisition Corp Extends Deadline For Initial Business Combination
Apr 3, 2024
April 3 (Reuters) - Blue World Acquisition Corp ( BWAQ ) : * BLUE WORLD ACQUISITION CORPORATION ANNOUNCES EXTENSION OF THE DEADLINE FOR AN INITIAL BUSINESS COMBINATION Source text for Eikon: Further company coverage: ...
Dutch Senate delays Groningen gas field shutdown
Dutch Senate delays Groningen gas field shutdown
Apr 3, 2024
AMSTERDAM, April 3 (Reuters) - The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes. Normal gas production at Groningen in the north of the Netherlands ended last October after years of output cuts to limit seismic...
CGI Partnering with MOSL On Retail Water Market Project in England
CGI Partnering with MOSL On Retail Water Market Project in England
Apr 3, 2024
07:13 AM EDT, 04/03/2024 (MT Newswires) -- CGI (GIB-A.TO), an independent IT and business consulting services firm, on Wednesday said it has been selected by Market Operator Services Ltd (MOSL), the operator of the non-household water retail market in England, to continue management of their core platforms -- the Central Market Operating System (CMOS) and the centralized bilateral transactions 'hub'...
Copyright 2023-2026 - www.financetom.com All Rights Reserved