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Earnings - USA - Oshkosh beats forecasts; shares fall on outlook
CHICAGO,Ill,USA -Reuters -May 2, 2006: -- Oshkosh Truck Corp. reported better-than-expected quarterly earnings on Tuesday, but concern about a spike in truck orders ahead of new emissions rules sparked a sell-off in the company's shares in early trading... Oshkosh, which makes heavy-duty vehicles for the defense, fire and emergency, and commercial trucking markets, posted net income of $49.8 million, or 67 cents a share in the fiscal second quarter ended March 31, up from $38.2 million, or 52 cents a share, a year earlier... The results for Oshkosh's most recent quarter were lifted in part by a spike in demand for big trucks ahead of tough new U.S. clean-air rules...
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