Oshkosh changes fiscal year to calendar; prelim Q4 revenue ~$2.05B, EPS $1.10-$1.15, below prior view

OSHKOSH CORP

2022-FY EPS reported $1.63 revenue$7,737,300,000

Board approved change to calendar fiscal year; abbreviated stub period Oct 1-Dec 31, 2021.
Prelim Q4 FY2021 revenue ~$2.05B, diluted EPS $1.10-$1.15, adjusted EPS $0.90-$0.95.
Supply chain disruptions and cost inflation worse than expected; production impacted particularly at Access Equipment.
Q4 results lower than prior guidance given on fiscal Q3 2021 conference call.
Price increases expected to cover higher input costs but not until end of Q2 Calendar 2022; stub period EPS substantially lower.

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