Oshkosh Reports Q4 Earnings Beat Despite EPS Miss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy OSK?
Source: seekingalpha
Oshkosh Corp's stock fell 5.01% as it hit a 5-day low amid broader market declines, with the Nasdaq-100 down 1.35% and the S&P 500 down 0.72%.
The company's Q4 earnings report revealed a non-GAAP EPS of $2.26, missing expectations by $0.05, but revenue of $2.69 billion exceeded forecasts by $90 million, indicating resilience in revenue growth. Additionally, Oshkosh Defense secured a $53 million order from the U.S. Army for Common Bridge Transporters, which may bolster future performance despite a cautious outlook on profitability with 2026 EPS guidance below consensus.
This mixed earnings report, combined with the dividend increase, reflects Oshkosh's ongoing efforts to manage profitability and cash flow, but the stock's decline suggests investor concerns about future earnings potential amid market uncertainties.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy OSK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on OSK
Wall Street analysts forecast OSK stock price to fall
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 168.470
Low
132.00
Averages
152.40
High
180.00
Current: 168.470
Low
132.00
Averages
152.40
High
180.00
About OSK
Oshkosh Corporation is an industrial company focused on the designing, development and manufacturing of purpose-built vehicles and equipment. It operates through three segments. Access segment designs and manufactures access and material handling equipment for use in a range of construction, industrial, agricultural, vegetation management, and maintenance applications to position workers and materials at height under brands, JLG and SkyTrak. The segment's customer base includes equipment rental companies, construction contractors, manufacturing companies and home improvement centers. The segment also includes Jerr-Dan towing and recovery vehicles. Defense segment designs, manufactures and sustains specialty vehicles and mobility systems for the United States Department of Defense and exports tactical wheeled vehicles to approved foreign customers. Vocational segment includes the Pierce, Maxi-Metal, McNeilus, AeroTech, IMT, Frontline Communications and Oshkosh S-Series businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ten-Year Review: Performance of Five Stocks in a Bear Market
- Market Performance Comparison: Over the past decade, the S&P 500 has risen by 274.3%, while the average return of the five stocks stands at 568.5%, highlighting the potential and importance of stock selection during bear markets.
- Carter's Poor Performance: Carter's stock price fell from $85.04 to $38.07, a 55% decline, primarily due to a decreasing birth rate in the U.S. and a deteriorating retail environment, leading to insufficient demand and margin compression.
- Challenges for IPG Photonics: Although IPG Photonics' stock rose from $81.59 to $113.26, a 39% increase, it faced four consecutive years of declining revenue, indicating intensified industry competition and weak market demand.
- Mercado Libre's Success: Mercado Libre's stock skyrocketed from $87.71 to $2041.50, a staggering 2227.6% increase, driven by its dominant market position in Latin America and robust growth in e-commerce, providing substantial returns for investors.
See More
Market Leadership Shift and Small-Cap Surge
- Market Leadership Change: As investor focus shifts from the 'Magnificent Seven' tech stocks to previously lagging sectors like healthcare, energy, and financials, opportunities arise for investors to uncover quality stocks in the current market environment.
- Small-Cap Performance Rebound: In the final quarter of 2025, the Russell 2000 index, which tracks small-cap stocks, began to significantly outperform the S&P 500 after a mere 4.5% gain in the first 11 months, indicating a strong rebound reminiscent of the late 1990s tech boom.
- Opportunities in Quality Large Caps: In the context of broadening market leadership, high-quality companies like Fiserv, which faced stock price declines due to earnings misses, still maintain solid fundamentals and may return to historical valuation levels, presenting investment opportunities.
- Defense Spending and Infrastructure Growth: Oshkosh benefits from sustained U.S. defense spending and infrastructure buildout, trading at a significant discount compared to large industrial peers like Caterpillar and Deere, highlighting its attractiveness and growth potential in the current market.
See More
Oshkosh Corporation to Speak at Citi Conference
- Conference Participation: Oshkosh Corporation will participate in Citi's Global Industrial Tech and Mobility Conference on February 18, 2026, at 1:50 p.m. EST, showcasing its innovations in purpose-built vehicles and equipment, which is expected to attract investor and industry attention.
- Executive Presentation: Matthew Field, the executive vice president and CFO of Oshkosh, will represent the company, sharing insights on strategic direction and future development plans, aimed at bolstering investor confidence in the company.
- Live Webcast: The event will be accessible via a live webcast on Oshkosh's official website, allowing global investors to receive real-time information, with a replay available approximately two hours after the event concludes, further enhancing information dissemination.
- Company Background: Headquartered in Wisconsin, Oshkosh employs over 18,000 team members worldwide and is dedicated to manufacturing innovative purpose-built vehicles and equipment, with products sold in over 150 countries, demonstrating its extensive global market influence.
See More
Top Performing Large-Cap Stocks Last Week
- Lumentum Earnings Beat: Lumentum Holdings Inc. surged 36.02% this week after reporting second-quarter results that exceeded expectations and providing third-quarter guidance above analyst estimates, thereby boosting investor confidence and significantly driving up the stock price.
- Transportation Stocks Rally: Saia, Inc. jumped 23.07% this week, benefiting from declining oil prices, which led to a strong performance across the transportation sector, indicating optimistic market expectations for transportation demand that could enhance future earnings.
- Westlake Stock Increase: Westlake Corporation saw a 19.27% rise in its stock price this week, reflecting positive market sentiment regarding its business outlook, particularly in the context of declining raw material costs that may improve profitability.
- Market Recovery: The strong performance of these stocks indicates a growing investor confidence in economic recovery, especially amid falling oil prices, which could further drive growth in related industries.
See More
Oshkosh Defense Secures $25 Million Contract from U.S. Army
- Significant Contract Value: Oshkosh Defense has been awarded an additional $25 million contract from the U.S. Army to deliver FMTV A2 Low-Velocity Airdrop (LVAD) 4x4 Cargo vehicles and kits, reflecting strong customer demand for mission-critical tactical mobility solutions.
- Growing Order Volume: This order follows a recent contract for 97 vehicles, with the Army having placed orders for a total of 797 FMTV A2 LVADs to date, indicating a commitment to modernizing airborne and expeditionary logistics capabilities.
- Enhanced Operational Capability: The FMTV A2 LVAD is designed to be parachuted from aircraft, providing critical supplies and a mission-ready vehicle immediately upon deployment, thereby reducing reliance on vulnerable ground convoys and improving sustainment for forward-deployed units.
- Strategic Implications: This contract underscores Oshkosh Defense's commitment to supporting the U.S. Army, as the combination of proven mobility and airdrop capability enhances operational effectiveness in contested terrains and limited access scenarios.
See More
Bank of America Upgrades Oshkosh to Neutral Amid Improved Outlook
- Rating Upgrade: Bank of America upgraded Oshkosh (OSK) from Underperform to Neutral, reflecting a more balanced outlook for the company's Access segment and an improved risk-reward profile.
- Sales Forecast Adjustment: Although Oshkosh has again lowered its Access sales forecast for 2026, projecting a 20% decline from peak levels, BofA views this as realistic and likely indicative of a trough in sales.
- Profit Structure Optimization: Profits are increasingly derived from more stable operations such as fire trucks and airport ground support equipment, with Access now representing a smaller share of earnings than in previous cycles, indicating a positive shift in the company's portfolio.
- Cash Flow Improvement: The company's free cash flow is improving, providing capacity for share buybacks, while a record backlog in the Vocational business and deliveries tied to the U.S. Postal Service contract enhance visibility into long-term earnings.
See More
Ten-Year Review: Performance of Five Stocks in a Bear Market
- Market Performance Comparison: Over the past decade, the S&P 500 has risen by 274.3%, while the average return of the five stocks stands at 568.5%, highlighting the potential and importance of stock selection during bear markets.
- Carter's Poor Performance: Carter's stock price fell from $85.04 to $38.07, a 55% decline, primarily due to a decreasing birth rate in the U.S. and a deteriorating retail environment, leading to insufficient demand and margin compression.
- Challenges for IPG Photonics: Although IPG Photonics' stock rose from $81.59 to $113.26, a 39% increase, it faced four consecutive years of declining revenue, indicating intensified industry competition and weak market demand.
- Mercado Libre's Success: Mercado Libre's stock skyrocketed from $87.71 to $2041.50, a staggering 2227.6% increase, driven by its dominant market position in Latin America and robust growth in e-commerce, providing substantial returns for investors.
See More
Market Leadership Shift and Small-Cap Surge
- Market Leadership Change: As investor focus shifts from the 'Magnificent Seven' tech stocks to previously lagging sectors like healthcare, energy, and financials, opportunities arise for investors to uncover quality stocks in the current market environment.
- Small-Cap Performance Rebound: In the final quarter of 2025, the Russell 2000 index, which tracks small-cap stocks, began to significantly outperform the S&P 500 after a mere 4.5% gain in the first 11 months, indicating a strong rebound reminiscent of the late 1990s tech boom.
- Opportunities in Quality Large Caps: In the context of broadening market leadership, high-quality companies like Fiserv, which faced stock price declines due to earnings misses, still maintain solid fundamentals and may return to historical valuation levels, presenting investment opportunities.
- Defense Spending and Infrastructure Growth: Oshkosh benefits from sustained U.S. defense spending and infrastructure buildout, trading at a significant discount compared to large industrial peers like Caterpillar and Deere, highlighting its attractiveness and growth potential in the current market.
See More
Oshkosh Corporation to Speak at Citi Conference
- Conference Participation: Oshkosh Corporation will participate in Citi's Global Industrial Tech and Mobility Conference on February 18, 2026, at 1:50 p.m. EST, showcasing its innovations in purpose-built vehicles and equipment, which is expected to attract investor and industry attention.
- Executive Presentation: Matthew Field, the executive vice president and CFO of Oshkosh, will represent the company, sharing insights on strategic direction and future development plans, aimed at bolstering investor confidence in the company.
- Live Webcast: The event will be accessible via a live webcast on Oshkosh's official website, allowing global investors to receive real-time information, with a replay available approximately two hours after the event concludes, further enhancing information dissemination.
- Company Background: Headquartered in Wisconsin, Oshkosh employs over 18,000 team members worldwide and is dedicated to manufacturing innovative purpose-built vehicles and equipment, with products sold in over 150 countries, demonstrating its extensive global market influence.
See More
Top Performing Large-Cap Stocks Last Week
- Lumentum Earnings Beat: Lumentum Holdings Inc. surged 36.02% this week after reporting second-quarter results that exceeded expectations and providing third-quarter guidance above analyst estimates, thereby boosting investor confidence and significantly driving up the stock price.
- Transportation Stocks Rally: Saia, Inc. jumped 23.07% this week, benefiting from declining oil prices, which led to a strong performance across the transportation sector, indicating optimistic market expectations for transportation demand that could enhance future earnings.
- Westlake Stock Increase: Westlake Corporation saw a 19.27% rise in its stock price this week, reflecting positive market sentiment regarding its business outlook, particularly in the context of declining raw material costs that may improve profitability.
- Market Recovery: The strong performance of these stocks indicates a growing investor confidence in economic recovery, especially amid falling oil prices, which could further drive growth in related industries.
See More
Oshkosh Defense Secures $25 Million Contract from U.S. Army
- Significant Contract Value: Oshkosh Defense has been awarded an additional $25 million contract from the U.S. Army to deliver FMTV A2 Low-Velocity Airdrop (LVAD) 4x4 Cargo vehicles and kits, reflecting strong customer demand for mission-critical tactical mobility solutions.
- Growing Order Volume: This order follows a recent contract for 97 vehicles, with the Army having placed orders for a total of 797 FMTV A2 LVADs to date, indicating a commitment to modernizing airborne and expeditionary logistics capabilities.
- Enhanced Operational Capability: The FMTV A2 LVAD is designed to be parachuted from aircraft, providing critical supplies and a mission-ready vehicle immediately upon deployment, thereby reducing reliance on vulnerable ground convoys and improving sustainment for forward-deployed units.
- Strategic Implications: This contract underscores Oshkosh Defense's commitment to supporting the U.S. Army, as the combination of proven mobility and airdrop capability enhances operational effectiveness in contested terrains and limited access scenarios.
See More
Bank of America Upgrades Oshkosh to Neutral Amid Improved Outlook
- Rating Upgrade: Bank of America upgraded Oshkosh (OSK) from Underperform to Neutral, reflecting a more balanced outlook for the company's Access segment and an improved risk-reward profile.
- Sales Forecast Adjustment: Although Oshkosh has again lowered its Access sales forecast for 2026, projecting a 20% decline from peak levels, BofA views this as realistic and likely indicative of a trough in sales.
- Profit Structure Optimization: Profits are increasingly derived from more stable operations such as fire trucks and airport ground support equipment, with Access now representing a smaller share of earnings than in previous cycles, indicating a positive shift in the company's portfolio.
- Cash Flow Improvement: The company's free cash flow is improving, providing capacity for share buybacks, while a record backlog in the Vocational business and deliveries tied to the U.S. Postal Service contract enhance visibility into long-term earnings.
See More
