Oshkosh Corp produces quality performance in the last quarter that made the balance with all the other losses in the same business. According to the tally brought by the company, the success was from the air-based equipment used.
The numbers also showed that there was significant increase in the sales of their mixers for concrete products. All these increases from the company were able to offset the plummeting sales of tactical vehicles. This was primarily recorded in the regions of North America.
Looking through the stock market, Oshkosh Corp was able to record a 6.2 percent increase in its shares. This is equivalent to $47.69 in the nominal term.
On the one hand, those who are responsible for the production of the trucks experienced an increase of 93 cents for every share. This may not be too much nominally but in percentage it matters a lot. In total, this is amounting to $77.8 million.
To have a better comparison, the manufacturers were only able to get 40 cents a share last year in the quarter. This is more than double of what they did in the previous year.
Today is already a great day for the company. However, they are not stopping here as they released their plans for 2015. They are aiming at an increase of $4.00 to $4.25 in every share that they have under their belt.
Also, they are looking at the possibility of $6.5 to $6.6 billion in their revenue. This means that they will have to deal with an all-out improvement by the end of the year. It is going to be tough for them because there will be no room for errors should they religiously want to reach the said numbers.