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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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