USA: Oshkosh issues profit warning
Oshkosh Truck Corporation announced today that its second quarter and full year sales and earnings will be lower than previous estimates. The company expects to report earnings per share for the second quarter in the range of $US0.65 to $US0.70, compared to $0.70 a year ago. Reported earnings in the second quarter are expected to benefit from the settlement of certain tax audits.
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