On Air Now

Listen

Listen Live Now » 95.5 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
22° Feels Like: 16°
Wind: ESE 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Few Snow Showers 19°

Tomorrow

Rain/Snow Showers/Wind 42°

Thurs Night

Rain/Snow/Wind 34°

Revised Oshkosh Corp. fiscal earnings outlook sends stock higher

by
Oshkosh Corp.
Oshkosh Corp.

OSHKOSH, WI (WTAQ) - Shares of Oshkosh Corporation jumped nearly 19 % Friday after the Wisconsin company revised its fiscal 2013 earnings outlook upward.

The maker of trucks and life equipment reported a strong first quarter profit led by sales in the construction field.

Oshkosh reported a profit of $46.5 million for the quarter ending December 31st.

Total sales were down a little over 6% due to a decline in its military business.

Though first-quarter sales in Oshkosh’s military business was off significantly, operating profit margins were much higher than expected

Comments