Oshkosh's Q1 results fell significantly short of analyst expectations, leading to revised price targets. Despite affirming its FY2026 adjusted EPS guidance, the unexpected performance in key segments raises concerns over near-term prospects.
Oshkosh Corporation will announce its first-quarter earnings on May 8, forecasting a significant drop in EPS to $1.04 from $1.92 last year, alongside a slight revenue decrease. These results may impact investor sentiment, especially following a recent 2.3% decline in shares.
OSK posted Q1 earnings of $1.92, below expectations of $2.05. Quarterly sales were $2.31 billion, missing the $2.41 billion target. Analysts adjusted price targets downward for OSK after earnings announcement. Oshkosh shares rose 3.8% to $86.96 despite earnings miss.