Oshkosh beats by $0.16, reports revs in-line; raises FY19 EPS above consensus, revs above consensus (80.54)
- Reports Q2 (Mar) earnings of $1.82 per share, $0.16 better than the S&P Capital IQ Consensus of $1.66; revenues rose 5.5% year/year to $1.99 bln vs the $1.98 bln S&P Capital IQ Consensus.
- Co issues upside guidance for FY19, sees EPS of $7.50-7.80, excluding non-recurring items, vs. $7.47 S&P Capital IQ Consensus and prior guidance of $7.00-7.50; sees FY19 revs of $8.2-8.3 bln vs. $8.19 bln S&P Capital IQ Consensus and prior guidance of $8.05-8.25 bln.
- The Company's Board of Directors today declared a quarterly cash dividend of $0.27 per share of Common Stock. The dividend will be payable on May 30, 2019, to shareholders of record as of May 16, 2019