Loading...
•
Dec 31, 2023
Oshkosh Q4 2023 Earnings Report
Oshkosh reported strong Q4 2023 results, with increased sales and earnings per share.
Key Takeaways
Oshkosh Corporation reported a strong fourth quarter in 2023, with net sales increasing by 11.9% to $2.47 billion and diluted earnings per share rising to $2.28. The company's backlog reached a record $16.8 billion, providing substantial future visibility. They also announced a 12% increase in the quarterly cash dividend, marking the 10th consecutive year of double-digit dividend growth.
Q4 sales increased by 12% to $2.47 billion.
Diluted earnings per share for Q4 reached $2.28, and adjusted EPS was $2.56.
The company's backlog hit a record $16.8 billion.
A 12% increase in the quarterly cash dividend was announced, raising it to $0.46 per share.
Revenue by Segment
Forward Guidance
The Company announced its 2024 diluted earnings per share estimate to be in the range of $9.45 and its adjusted1 earnings per share estimate to be in the range of $10.25 on projected net sales of approximately $10.4 billion.
Positive Outlook
- Adjusted earnings per share to be in the range of $10.25
- Net sales of approximately $10.4 billion
- Strong performance in 2023
- Solid demand
- Improved supply chains and positive outlook
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
Loading earnings performance data...
Loading earnings reaction data...