Oshkosh (NYSE:OSK) Releases Quarterly Earnings Results, Beats Estimates By $0.80 EPS
Oshkosh (NYSE:OSK) posted its quarterly earnings results on Thursday. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $0.49 by $0.80, MarketWatch Earnings reports. Oshkosh had a return on equity of 14.93% and a net margin of 5.15%. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the firm earned $2.72 EPS. The company’s quarterly revenue was down 33.9% compared to the same quarter last year.
NYSE:OSK traded down $1.56 during midday trading on Friday, reaching $78.72. 490,952 shares of the company traded hands, compared to its average volume of 386,758. Oshkosh has a twelve month low of $46.72 and a twelve month high of $95.62. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 14.50, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.12 and a quick ratio of 1.04. The company has a fifty day moving average price of $74.00 and a 200 day moving average price of $72.87.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, August 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.52%. Oshkosh’s dividend payout ratio is currently 14.44%.
Oshkosh Company Profile
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
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