Oshkosh Corp
OSK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| YdG | LOCK|>$@p> | LOCK|<n<B^N |
Oshkosh Earnings: Improved Supply Chains and Production Lead to a Strong Quarter
Investors reacted positively to Oshkosh’s second-quarter earnings, which showed earnings per share of $2.69, nearly 64% above FactSet consensus bottom-line estimates. The company’s shares were up 10% in intraday trading. EPS performance was higher than we were expecting, which led us to raise our near-term sales and margin forecasts. As a result, we raised our fair value estimate to $103 from $99 previously.
