Oshkosh Climbs After Third-Quarter Earnings, Higher Forecast
- Sales boosted by strong demand in defense, emergency vehicles
- Company exceeds quarterly estimates, raises full-year outlook
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Oshkosh Corp. rose the most in three months after the maker of emergency, commercial and military trucks posted fiscal third-quarter results that beat analysts’ estimates and increased its full-year forecasts for sales and profit.
The shares climbed 6.6 percent to $52 at 10:37 a.m. in New York after gaining as much as 6.8 percent, the most intraday since April 28. They were up 25 percent this year through Wednesday.