-=Oshkosh (OSK) reported earnings on Thur 1 Nov 2018 (b/o)

• Oct. 31: #1; vol. 1.3M

Oshkosh beats by $0.35, beats on revs; guides FY19 EPS above consensus, revs in-line

Reports Q4 (Sep) earnings of $1.80 per share, excluding non-recurring items, $0.35 better thanthe S&P Capital IQ Consensus of $1.45; revenues rose 4.8% year/year to $2.06 bln vs the $1.98 bln S&P Capital IQ Consensus.

• Access equipment segment net sales increased 27.2 percent to $1.06 billion in the fourth quarter of fiscal 2018. The increase in sales was due to improved demand for both aerial work platforms and telehandlers, led by North America, and improved price realization.
• Defense segment net sales for the fourth quarter of fiscal 2018 decreased 22.2 percent to $464.6 million. The decrease in sales was due to the absence of international Mine Resistant Ambush Protected-All Terrain Vehicle (M-ATV) sales in the fourth quarter of fiscal 2018
• Fire & emergency segment net sales for the fourth quarter of fiscal 2018 increased 2.1 percent to $283.7 million as a result of improved pricing.

Co issues guidancefor FY19, sees EPS of $6.50-7.25, excluding non-recurring items, vs. $6.49 S&P Capital IQ Consensus; sees FY19 revs of $7.85-8.15 vs. $8.03 bln S&P Capital IQ Consensus.

OSK also increased quarterly dividend to $0.27/share from $0.24/share