Published on 3 Apr 2024 on Zacks via Yahoo Finance
Shares of Oshkosh (OSK) have been strong performers lately, with the stock up 10% over the past month. The stock hit a new 52-week high of $125.35 in the previous session. Oshkosh has gained 13.6% since the start of the year compared to the -6.7% move for the Zacks Auto-Tires-Trucks sector and the 6% return for the Zacks Automotive - Original Equipment industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on January 30, 2024, Oshkosh reported EPS of $2.56 versus consensus estimate of $2.17 while it missed the consensus revenue estimate by 0.04%.