Oshkosh reports Q3 adjusted EPS $3.20, consensus $3.10

Reports Q3 revenue $2.69B, consensus $2.83B. “Oshkosh (OSK) delivered solid third quarter results in a difficult environment, with adjusted earnings per share of $3.20 and an adjusted operating margin of 10.2 percent,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation. “Our performance reflects our commitment to cost discipline and our focus on improved cash flow across the company as we advance our key strategic initiatives and strong end-market demand for our products despite the near-term macroeconomic environment. In particular, strong execution in our Vocational segment resulted in improved throughput for municipal fire apparatus and growth in airport products, contributing to a nearly 19 percent increase in Vocational revenue.”