Oshkosh Earnings Review: 10 Days after Announcement Shares Down 3.2% (OSK)
When Oshkosh (NYSE:OSK) reported earnings a week ago on January 25th, 2013, analysts, on average, expected the company to report earnings of $0.30 on sales of $1.7 billion. Oshkosh actually reported earnings of $0.60 per share on sales of $1.8 billion, beating EPS estimates by $0.29 and beating revenue estimates by $63.7 million. Shares of Oshkosh have slipped from $41.08 to $39.77, representing a loss of 3.2%, since the company reported earnings 10 days ago.
Over the past year, Oshkosh has traded in a range of $18.49 to $41.27 and is now at $39.77, 115% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.0% while the 200-day MA has risen 1.8%.
SmarTrend recommended that subscribers consider buying shares of Oshkosh on January 2nd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $31.20. Since that recommendation, shares of Oshkosh have risen 27.5%. We continue to monitor OSK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: earnings flashbacks oshkosh