Oshkosh Corporation Reports Fiscal 2019 Third Quarter Results

Autor: Oshkosh Corporation
Zdroj: Business Wire (English). 08/01/2019.
Abstrakt: Oshkosh Corporation (NYSE: OSK), a leading innovator of mission-critical vehicles and equipment, today reported fiscal 2019 third quarter net income of $191.9 million, or $2.72 per diluted share, compared to $153.4 million, or $2.05 per diluted share, in the third quarter of fiscal 2018. Results for the third quarter of fiscal 2018 included $5.2 million of after-tax charges and inefficiencies associated with restructuring actions in the access equipment segment, $7.7 million of after-tax debt extinguishment costs incurred in connection with the refinancing of the Company’s senior notes and credit agreement as well as a $2.2 million tax benefit related to adjustments to provisional amounts recorded for tax reform in the United States. Excluding these items, fiscal 2018 third quarter adjusted1 net income was $164.1 million, or $2.20 per diluted share. Comparisons in this news release are to the corresponding period of the prior year, unless otherwise noted. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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