NYSE$OSK
Oshkosh Corp · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Oshkosh reported a net loss and experienced a decrease in operating income due to higher material and manufacturing costs, but sales increased due to improved pricing.
Oshkosh Corporation reported a net loss of $2.1 million for Q1 2022, with sales increasing by 3.0% to $1.95 billion. The company faced challenges including higher material & logistics costs, supply chain disruptions and workforce turnover.
- Net loss of $2.1 million, or $0.03 per diluted share, compared to net income of $99.6 million, or $1.44 per diluted share, for the three months ended March 31, 2021.
- Consolidated sales increased 3.0 percent to $1.95 billion due to improved pricing and increased product content.
- Operating income decreased 79.2 percent to $29.3 million, or 1.5 percent of sales.
- All-time record backlog of over $12 billion at quarter end.
Headline financials
Revenue & EPS history
Oshkosh · Revenue · Quarterly
$1.95B
Revenue by segment
Oshkosh · $1.42B total across 2 segments · Q1 2022
- Access$883M+56.7%62.2%
- Defense$536M-2.7%37.8%
Forward guidance
Oshkosh Corporation lowered its fiscal 2022 outlook for earnings per share to a range of $4.75 to $5.75 or adjusted earnings per share of $5.00 to $6.00.
Tailwinds
- Extremely strong demand and high order rates across business segments
- All-time record backlog of over $12 billion at quarter end
- First order from the U.S. Postal Service for its new Next Generation Delivery Vehicle (NGDV)
- Acquisition of CartSeeker™, an autonomous technology that utilizes artificial intelligence-based recognition systems to enhance refuse collection services
- Confident in ability to grow revenues and earnings as navigate headwinds and deliver on orders in significant backlog
Headwinds
- Inflation
- Increased commodity and freight costs
- Supply chain disruptions intensified by recent COVID lockdowns in China
- Lowering fiscal 2022 outlook for earnings per share
- Facing further cost inflation
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.4%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.3%
Avg return
30 days after
48%
32 / 67 earnings
Positive
+18.4%
Q4 2024
Best reaction
-13.8%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.6% | -18.3% | -14.8% | |
| Q4 2025 | -0.6% | +9.0% | +16.3% | |
| Q3 2025 | -9.2% | -11.8% | -6.8% | |
| Q1 2025 | -5.1% | +1.6% | +12.4% | |
| Q4 2024 | +18.4% | +16.5% | +7.0% | |
| Q3 2024 | -5.2% | -4.5% | +5.4% | |
| Q2 2024 | -8.0% | -14.2% | -5.7% | |
| Q1 2024 | -3.0% | -7.4% | -4.8% | |
| Q4 2023 | -2.4% | +0.6% | -1.7% | |
| Q3 2023 | -0.6% | +1.0% | +12.1% | |
| Q2 2023 | +10.7% | +13.4% | +12.8% | |
| Q1 2023 | +0.2% | +2.4% | -3.2% | |
| Q4 2022 | +3.8% | +5.2% | -9.7% | |
| Q3 2022 | +3.8% | +3.6% | +9.4% | |
| Q2 2022 | -3.8% | -5.4% | -9.3% | |
| Q1 2022 | -0.3% | -0.4% | -1.9% | |
| Q4 2021 | +3.5% | +7.5% | +8.0% | |
| Q3 2021 | -1.4% | -2.1% | -3.1% | |
| Q2 2021 | +4.1% | +3.6% | +6.5% | |
| Q1 2021 | +2.8% | +0.9% | +14.6% | |
| Q4 2020 | -5.4% | +2.7% | +17.3% | |
| Q3 2020 | -2.2% | -2.3% | -2.1% | |
| Q2 2020 | +0.3% | -7.1% | +6.7% | |
| Q1 2020 | -2.0% | -0.9% | -19.1% | |
| Q4 2019 | +1.2% | +5.3% | +7.2% | |
| Q3 2019 | -8.7% | -9.7% | -15.9% | |
| Q2 2019 | +0.3% | +0.7% | -6.7% | |
| Q1 2019 | +5.8% | +5.9% | +11.8% | |
| Q4 2018 | +15.3% | +19.2% | +27.1% | |
| Q3 2018 | -2.5% | -1.4% | -4.7% | |
| Q2 2018 | -2.8% | -4.5% | +2.5% | |
| Q1 2018 | +3.4% | -1.0% | -10.3% | |
| Q4 2017 | -2.1% | -3.3% | +0.5% | |
| Q3 2017 | +7.5% | +8.8% | +9.0% | |
| Q2 2017 | -4.7% | -7.3% | -12.8% | |
| Q1 2017 | -0.8% | -4.8% | -9.5% | |
| Q4 2016 | +2.9% | +3.2% | +31.4% | |
| Q3 2016 | +12.9% | +10.0% | +11.6% | |
| Q2 2016 | +16.9% | — | — | |
| Q1 2016 | -2.4% | — | — | |
| Q4 2015 | -4.0% | — | — | |
| Q3 2015 | -6.4% | — | — | |
| Q2 2015 | +11.4% | — | — | |
| Q1 2015 | +5.6% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | -11.5% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +5.0% | — | — | |
| Q4 2013 | -10.7% | — | — | |
| Q3 2013 | +10.7% | — | — | |
| Q2 2013 | -7.8% | — | — | |
| Q1 2013 | +15.7% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | +15.7% | — | — | |
| Q2 2012 | +3.5% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | -5.2% | — | — | |
| Q3 2011 | -13.8% | — | — | |
| Q2 2011 | -10.9% | — | — | |
| Q1 2010 | +1.3% | — | — | |
| Q1 2011 | +2.8% | — | — | |
| Q4 2008 | +1.8% | — | — | |
| Q2 2010 | +1.8% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q4 2009 | -7.0% | — | — | |
| Q3 2009 | -7.0% | — | — | |
| Q3 2010 | -7.0% | — | — |
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