Oshkosh Corporation reported second-quarter 2026 adjusted earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.60 by 10.39% despite a 15.8% year-over-year decline. Revenues rose 6.7% to $2.92 billion, surpassing the consensus of $2.75 billion, driven by higher sales volume and improved pricing. The company lowered its full-year adjusted earnings guidance to about $11 per share, down roughly 50 cents from prior expectations, citing slower-than-expected improvement in fire truck production. Oshkosh raised its full-year sales outlook by $200 million and continues to project free cash flow of $550 million to $650 million. Second-quarter free cash flow surged to $348 million from $49 million a year ago, and the company repurchased about 667,000 shares for $92 million during the quarter.
Oshkosh CorporationOshkosh beat Q2 estimates but cut full-year guidance due to slower fire truck production.
Carter’s Inc
