Oshkosh beats by $0.28, beats on revs; guides FY18 EPS above consensus, revs above consensus
- Reports Q1 (Dec) earnings of $0.84 per share, excluding non-recurring items, $0.28 better than the Capital IQ Consensus of $0.56; revenues rose 31.0% year/year to $1.59 bln vs the $1.43 bln Capital IQ Consensus.
- Co issues upside guidance for FY18, sees EPS of $5.00-5.45 (Prior $4.25-4.65), excluding non-recurring items, vs. $4.61 Capital IQ Consensus Estimate; sees FY18 revs of $7.1-7.3 bln (Prior $6.9-7.1 bln) vs. $7.08 bln Capital IQ Consensus Estimate.