Oshkosh (NYSE:OSK – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.34, Briefing.com reports. Oshkosh had a return on equity of 20.39% and a net margin of 6.93%. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.78 billion. During the same quarter last year, the business posted $2.69 earnings per share. The firm’s revenue was up 18.0% compared to the same quarter last year. Oshkosh updated its FY24 guidance to approx $11.75 EPS and its FY 2024 guidance to 11.750-11.750 EPS.
Oshkosh Trading Down 3.2 %
NYSE OSK traded down $3.43 on Thursday, hitting $105.22. The company’s stock had a trading volume of 700,325 shares, compared to its average volume of 497,525. The firm has a market cap of $6.88 billion, a P/E ratio of 9.97, a PEG ratio of 1.15 and a beta of 1.22. Oshkosh has a 52-week low of $86.10 and a 52-week high of $127.98. The company’s 50-day simple moving average is $109.10 and its 200 day simple moving average is $113.21. The company has a current ratio of 1.43, a quick ratio of 0.76 and a debt-to-equity ratio of 0.16.
Oshkosh Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Friday, August 16th. Oshkosh’s payout ratio is 17.61%.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on OSK
Oshkosh Company Profile
Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.
Featured Stories
- Five stocks we like better than Oshkosh
- Dividend Capture Strategy: What You Need to Know
- First Solar Stock: The Dawn of a New Rally in Share Prices
- What is the Hang Seng index?
- Mastercard Stock’s Q2 Financial Results Outshine Competitors
- What is Put Option Volume?
- Tobacco Giant’s Shares Fall on EPS Miss, Lackluster Pouch Gains
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.