Core Insights - Oshkosh Corporation reported weaker-than-expected earnings for Q1, with adjusted earnings of $1.92 per share, missing market estimates of $2.05 per share [1] - Quarterly sales were $2.31 billion, below expectations of $2.41 billion [1] Group 1 - The company expressed satisfaction with its start to 2025, highlighting strong performance in the Vocational segment and double-digit margins in the Access segment [2] - CEO John Pfeifer noted that the results reflect the strength of the team and the resilience of the operating model [2] - Oshkosh shares increased by 3.8% to $86.96 following the earnings announcement [3] Group 2 - Analysts adjusted their price targets for Oshkosh after the earnings report, with Baird maintaining an Outperform rating but lowering the target from $163 to $135 [8] - Truist Securities maintained a Hold rating and reduced the price target from $94 to $93 [8] - JP Morgan kept a Neutral rating and lowered the price target from $100 to $92 [8]