CHICAGO, April 30 Oshkosh Corp on
Tuesday reported higher quarterly profit, citing strong sales of
its aerial work platforms, telehandlers and concrete placement
trucks used by builders.
The maker of specialty trucks and construction equipment
earned $85.4 million, or 96 cents a diluted share, in its fiscal
second quarter, up from $42.8 million, or 47 cents a share,
during the comparable quarter last year.
Sales fell 3.8 percent to $1.98 billion, largely reflecting
a drop-off in sales of its tactical vehicles to the military.
Oshkosh raised its full-year profit forecast to a range of
$2.90 to $3.15 a share from a previous estimate of $2.80 to
$3.05 a share.