Loading...
•
Dec 31, 2022
Oshkosh Q4 2022 Earnings Report
Oshkosh reported strong Q4 2022 results with increased sales and operating income.
Key Takeaways
Oshkosh Corporation reported a strong fourth quarter in fiscal year 2022, with a 23% increase in sales to $2.20 billion and a significant rise in operating income. The company also announced the formation of a new Vocational segment and expects revenue growth in fiscal year 2023.
Fourth quarter sales increased by 23 percent to $2.20 billion.
Diluted earnings per share for the fourth quarter were reported at $1.14, and adjusted earnings per share were $1.60.
The company reported a record backlog of over $14 billion, driven by strong orders.
A new Vocational segment was formed by combining the Fire & Emergency and Commercial segments.
Oshkosh
Oshkosh
Oshkosh Revenue by Segment
Revenue by Segment
Access Equipment Revenue
CapyFin.comDefense Revenue
CapyFin.com Forward Guidance
The company anticipates fiscal year 2023 revenue to be in the range of $8.4 billion and earnings per share to be approximately $5.50.
Positive Outlook
- Strong demand supported by over $14 billion in backlog
- Expectations for ongoing supply chain constraints with modest improvements expected during fiscal 2023
Revenue & Expenses
Visualization of income flow from segment revenue to net income