Core Insights - Oshkosh reported revenue of $2.73 billion for the quarter ended June 2025, a decrease of 4% year-over-year, while EPS increased to $3.41 from $3.34 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $2.65 billion by 3.15%, and the EPS surpassed the consensus estimate of $2.98 by 14.43% [1] Financial Performance Metrics - Vocational net sales totaled $969.7 million, exceeding the average estimate of $960.02 million by analysts, reflecting a year-over-year increase of 15% [4] - Defense net sales were reported at $372 million, significantly below the estimated $462.81 million, marking a year-over-year decline of 37.9% [4] - Access total net sales reached $1.26 billion, surpassing the average estimate of $1.19 billion, but showed a year-over-year decrease of 10.7% [4] - Corporate and other net sales were $27.3 million, exceeding the estimated $17.17 million, but this represented a drastic year-over-year decline of 1616.7% [4] - Aerial work platforms net sales were $638 million, above the estimated $549.91 million, with a year-over-year decrease of 5.6% [4] - Other access net sales were $292.9 million, exceeding the estimate of $258.5 million, reflecting a year-over-year decline of 3.2% [4] - Telehandlers net sales were $325.1 million, below the estimated $364.06 million, with a year-over-year decline of 24.2% [4] Operating Income - Adjusted operating income for the Access segment was $185.7 million, surpassing the average estimate of $160.28 million [4] - Adjusted operating income for the Vocational segment was $157.9 million, compared to the average estimate of $151.82 million [4] - The adjusted corporate and other operating loss was $-48.5 million, slightly worse than the estimated loss of $-47.35 million [4] - Vocational operating income was $147.3 million, slightly below the estimated $148.98 million [4] - Access operating income was reported at $181.6 million, exceeding the estimate of $165.44 million [4] Stock Performance - Oshkosh shares returned +1.9% over the past month, compared to a +2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Group 1 - Merlo America LLC and First Citizens Bank Equipment Finance have announced a new vendor finance agreement to provide leasing and lending solutions for Merlo customers to acquire new construction and agricultural equipment [1] - Merlo America is the North American subsidiary of Italy-based Merlo S.p.A, which is a leading producer of multi-use telehandlers and machinery for various applications including agriculture and construction [2][5] - The collaboration aims to empower clients by offering outstanding financing options that facilitate the acquisition of essential equipment for business operations and growth [3] Group 2 - First Citizens Bank Equipment Finance is focused on providing equipment financing solutions to original equipment manufacturers, vendors, and small to mid-size businesses through a unique sales coverage model and seasoned support staff [4][6] - First Citizens Bank is a top 20 U.S. financial institution with over $200 billion in assets, offering a wide range of banking services including commercial banking and innovation banking [6]