Core Viewpoint - Analysts forecast a significant decline in Oshkosh's quarterly earnings and revenues, indicating potential challenges for the company in the upcoming earnings report [1]. Earnings Estimates - Oshkosh is expected to report earnings of $2.02 per share, reflecting a year-over-year decline of 30.1% [1]. - The consensus EPS estimate has been adjusted downward by 0.8% over the past 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [3]. Revenue Projections - Total revenues are anticipated to be $2.41 billion, showing a decline of 5.1% compared to the same quarter last year [1]. - Analysts project 'Net sales- Vocational- Total' to reach $873.40 million, representing a year-over-year increase of 13.1% [5]. - 'Net Sales- Access- Total' is expected to be $992.50 million, indicating a decline of 19.8% year over year [5]. - The consensus estimate for 'Net Sales- Defense' is $519.18 million, suggesting a decrease of 3.3% from the previous year [5]. Segment Performance - 'Net Sales- Access- Telehandlers' is estimated at $298.36 million, reflecting a year-over-year decline of 20.1% [6]. - 'Net Sales- Access- Aerial work platforms' is projected to be $470.40 million, indicating a decrease of 20.4% from the prior year [6]. - 'Net Sales- Vocational- Fire apparatus' is expected to reach $371.55 million, with a year-over-year increase of 13.6% [7]. Operating Income Estimates - 'Operating income (loss)- Vocational' is projected at $114.65 million, compared to $80.10 million in the same quarter last year [7]. - 'Operating income (loss)- Access' is expected to be $113.64 million, down from $208.10 million reported in the same quarter last year [8]. - 'Operating income (loss)- Defense' is forecasted to reach $14.12 million, compared to $11.30 million in the same quarter last year [8]. Stock Performance - Oshkosh shares have declined by 5.9% over the past month, underperforming the Zacks S&P 500 composite, which moved down by 4.3% [8].
Insights Into Oshkosh (OSK) Q1: Wall Street Projections for Key Metrics