Update: Oshkosh Shares Fall as Q1 Adjusted Earnings Decline, Miss Estimates
(Updates with stock move in the headline and first paragraph.)Oshkosh (OSK) shares were down past 11% in Friday morning trading after its Q1 adjusted earnings fell year on year and missed analysts' estimates.The company reported Q1 adjusted earnings of $0.85 per diluted share, down from $1.92 a year earlier. Analysts surveyed by FactSet expected $1.04.Revenue for the quarter ended March 31 was $2.32 billion, up from $2.31 billion a year earlier. Analysts surveyed by FactSet expected $2.29 billion.For 2026, the company maintained its guidance of adjusted EPS of $11.50 and net sales of $11 billion. Analysts surveyed by FactSet expect adjusted EPS of $11.16 and net sales of $10.90 billion.Price: $138.76, Change: $-14.30, Percent Change: -9.34%
