Core Viewpoint - Oshkosh (OSK) is expected to report a decline in quarterly earnings and revenues, with analysts predicting earnings of $2.98 per share, a decrease of 10.8% year-over-year, and revenues of $2.65 billion, down 7% from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised 1.4% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Metrics Forecast - Analysts predict 'Net sales- Vocational- Total' at $960.02 million, reflecting a year-over-year increase of 13.9% [4]. - 'Net Sales- Access- Total' is expected to reach $1.19 billion, indicating a decrease of 15.8% year-over-year [4]. - 'Net Sales- Defense' is forecasted at $462.81 million, down 22.7% from the prior year [5]. - 'Net Sales- Access- Other' is estimated at $258.50 million, showing a decline of 14.6% year-over-year [5]. - 'Net Sales- Access- Telehandlers' is projected at $364.06 million, down 15.1% year-over-year [6]. - 'Net Sales- Access- Aerial work platforms' is expected to be $549.91 million, reflecting an 18.6% decrease year-over-year [6]. - 'Net sales- Vocational- Fire apparatus' is forecasted at $403.52 million, indicating a year-over-year increase of 13.8% [6]. Operating Income Estimates - 'Adjusted Access segment operating income (non-GAAP)' is expected to be $160.28 million, down from $248.80 million in the previous year [7]. - 'Adjusted Vocational segment operating income (non-GAAP)' is projected at $151.82 million, compared to $118.50 million reported in the same quarter last year [7]. - 'Adjusted Defense segment operating income (non-GAAP)' is estimated at $17.66 million, up from $13.10 million year-over-year [8]. - 'Operating income (loss)- Vocational' is expected to reach $148.98 million, compared to $106.50 million in the same quarter of the previous year [8]. - 'Operating income (loss)- Access' is projected at $165.44 million, down from $246.50 million reported in the same quarter last year [9]. Stock Performance - Over the past month, Oshkosh shares have increased by 14.1%, outperforming the Zacks S&P 500 composite, which saw a change of 3.6% [10]. - Based on its Zacks Rank 3 (Hold), Oshkosh is expected to perform in line with the overall market in the upcoming period [10].