Oshkosh Corp
OSK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|F$ | LOCK|@tfXX | LOCK|<p&%#N |
Oshkosh Earnings: Production Issues at Pierce Take Guidance Down
Oshkosh reported 5.7% revenue growth to $2.8 billion, but adjusted operating income fell 21% to $217 million, and adjusted earnings per share fell 24.7% to $2.41. The main driver was ongoing production issues within its vocational segment, specifically Pierce fire trucks.
