Oshkosh Corporation Reports Q3 2026 Results Amid Fire Truck Production Challenges
Oshkosh Corporation (OSK) reported third-quarter consolidated sales of $2.84 billion, a 5.7% increase driven by strong performance in the Access segment. However, adjusted earnings per share fell to $2.41 from $3.20 in the prior year, impacted by an unfavorable sales mix and higher operating expenses. The company significantly lowered its full-year 2026 adjusted EPS guidance to a range of $8.50–$9.50, down from previous estimates of $10.50–$11.50. The downward revision is primarily attributed to manufacturing transformation disruptions within the Vocational segment, where fire truck production volumes dropped 20% due to parts flow inefficiencies during assembly line modernization. While the Access segment showed robust growth and a strong backlog, management warned of potential timing risks regarding Next Generation Delivery Vehicle (NGDV) orders for the USPS, which could impact earnings if shifted into 2027.
Tickers: $OSK
Topics: earnings report EPS guidance revision manufacturing challenges revenue growth stock buyback
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