OSK reports $0.85 non-GAAP EPS, falling short of expectations by $0.19, while revenue of $2.32 billion exceeds estimates by $30M.
Oshkosh posted first-quarter non-GAAP earnings per share of $0.85, missing analyst estimates by $0.19. The shortfall contrasts with revenue of $2.32 billion, which surpassed forecasts by $30 million.
Revenue growth remained modest at 0.4% year-over-year, driven by pricing adjustments, currency effects, and cumulative catch-up impacts. The company described consolidated sales as relatively flat for the quarter.
The mixed results highlight challenges in earnings performance despite stronger-than-expected revenue.