Welcome to our dedicated page for Oshkosh Truck news (Ticker: OSK), a resource for investors and traders seeking the latest updates and insights on Oshkosh Truck stock.
Oshkosh Corporation (OSK) is a global leader in designing and manufacturing mission-critical vehicles and equipment for defense, construction, and municipal markets. This page provides investors and industry professionals with a comprehensive repository of official news, including press releases and strategic updates directly from the company.
Track developments across Oshkosh’s core segments: defense vehicle contracts, access equipment innovations, and vocational truck advancements. The curated collection includes earnings announcements, product launch details, and partnership agreements, offering insights into the company’s market leadership in specialized industrial sectors.
Regularly updated with verified information, this resource eliminates the need to scour multiple sources. Whether monitoring JLG aerial platform updates, Pierce fire truck deployments, or defense sector contracts, users gain timely access to operational and financial developments.
Bookmark this page to stay informed about Oshkosh’s engineering milestones, regulatory filings, and strategic initiatives – all essential for understanding its position in critical infrastructure and defense markets.
Oshkosh Corporation (NYSE: OSK) will participate in a fireside chat at Credit Suisse’s 10th Annual Global Industrials Conference on November 30, 2022. The discussion will begin at 8:45 a.m. EST and will be available via webcast. Interested participants can access the webcast through the Oshkosh Corporation website 15 minutes prior to the event.
The company, based in Wisconsin, specializes in mission-critical vehicles and employs around 15,000 team members globally, focusing on making a positive impact in communities worldwide.
Oshkosh Corporation (NYSE: OSK) has announced its agreement to acquire Hinowa S.p.A., a manufacturer of track-based aerial work platforms and lift trucks. This acquisition aims to enhance Oshkosh's electrification capabilities and broaden its product portfolio, particularly in Europe. The strategic move follows a successful 12-year partnership with JLG, a subsidiary of Oshkosh. The transaction is expected to close within 90 days, pending customary conditions.
Oshkosh Corporation (NYSE: OSK) has been awarded Forrester’s 2022 Technology Strategy Impact Award for its successful technology strategy focused on customer-centric operations. This recognition highlights Oshkosh's commitment to digital transformation and enhancing technology capabilities, which have resulted in the automation of over 100,000 annual work hours and improved cybersecurity. The award was announced at Forrester’s Technology & Innovation North America Event in Austin, Texas. The company aims to adapt to evolving technology demands and accelerate growth.
Oshkosh Corporation (NYSE: OSK) reported Q3 fiscal 2022 sales of $2.07 billion, up 0.2% year-over-year. Net income decreased to $59.3 million ($0.90 per share), down from $89.7 million ($1.30 per share) in Q3 2021. Adjusted EPS was $1.00. The company declared a quarterly cash dividend of $0.37 per share. Supply chain disruptions were noted as a key challenge, leading to an estimated revenue shortfall of $130 million. Despite this, the Access Equipment segment saw 23% revenue growth.
Oshkosh Corporation (NYSE: OSK) will release its third quarter 2022 financial results on October 27, 2022, at 9:30 a.m. EDT. The results will be discussed in a live webcast accessible via their website. Oshkosh is renowned for its innovative mission-critical vehicles and essential equipment, employing around 15,000 individuals globally. The company serves over 150 countries under various brands, including JLG®, Oshkosh® Defense, and McNeilus®.
Oshkosh Corporation (NYSE: OSK) announces the retirement of John Bryant, President of Oshkosh Defense, effective November 1, 2022. Tim Bleck, previously Vice President of Finance for the Defense segment, will succeed him. Bryant will support the transition until June 30, 2023. Under Bryant's leadership, Oshkosh Defense secured significant program wins and expanded into new markets. Bleck, with extensive experience in defense and financial strategy, aims to drive growth and deliver value to shareholders.
Oshkosh Corporation (NYSE:OSK) announces a collaboration with SSAB to prototype fossil-free steel applications in McNeilus refuse collection vehicles. This initiative marks the first use of this sustainable steel in the U.S., aiming to create advanced, environmentally friendly vehicles. Both companies emphasize their commitment to sustainability and reducing emissions. SSAB plans to deliver commercial-scale fossil-free steel by 2026, leveraging hydrogen and renewable energy to minimize carbon output in steel production.
Oshkosh Corporation (NYSE: OSK) will participate in Morgan Stanley’s 10th Annual Laguna Conference on September 15, 2022, starting at 5:35 p.m. EDT. The event will be webcast, and interested participants can access it here.
Oshkosh employs around 15,000 people globally and offers critical equipment used in over 150 countries, with brands like JLG® and Oshkosh® Defense.
Oshkosh Corporation (NYSE: OSK) reported second quarter net income of $26.9 million ($0.41/share), down from $213.9 million ($3.07/share) YoY. Sales dropped 6.5% to $2.07 billion, influenced by reduced Defense segment sales and supply chain issues. Operating income plummeted 65.9% to $69.4 million due to increased material costs and labor inefficiencies. As a result, the company revised fiscal 2022 EPS guidance to approximately $3.25, down from previous expectations of $5.00-$6.00. The Board declared a quarterly dividend of $0.37 per share, payable on August 29, 2022.
