earnings
confidence low
sentiment neutral
materiality 0.40
Oshkosh Corp. reports fiscal Q1 2022 results; supply chain disruptions hit sales by ~$50M
OSHKOSH CORP
- Earnings for the quarter ended Dec 31, 2021 announced; specific EPS and revenue not detailed in this filing.
- Supply chain disruptions adversely impacted sales by approximately $50 million during the quarter.
- USPS NGDV contract: initial $482M order for engineering and tooling received; minimum quantity contingent on NEPA EIS.
- Defense segment faces JLTV recompete; new contract award expected in Q4 2022.
- Steel prices more than doubled between Sep 2020 and Dec 2021, posing cost risk.