12:02 PM EST, 01/30/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

Oshkosh (OSK) shares jumped nearly 19% in recent Thursday trading after the company reported Q4 higher-than-expected Q4 results and an upbeat 2025 outlook.

The company earlier reported adjusted earnings of $2.58 per diluted share, up from $2.56 a year earlier.

Analysts polled by FactSet expected $2.17.

Net sales for the quarter ended Dec. 31 were $2.62 billion, compared with $2.47 billion a year earlier.

Analysts surveyed by FactSet expected $2.42 billion.

The company said it expects 2025 adjusted earnings of $11 per diluted share on net sales of around $10.60 billion.

Analysts polled by FactSet expect adjusted EPS of $10.43 on revenue of $10.20 billion.

Oshkosh also said the board increased its quarterly cash dividend to $0.51 per share, payable March 3 to shareholders of record as of Feb. 17.

Price: 113.65, Change: +18.02, Percent Change: +18.84