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Oshkosh posts $2.21B profit

Oshkosh Corp. (OSK) said it had profit of $3.07 per share. Earnings, adjusted for non-recurring gains, were $2.09 per share. The results fell short of Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.23 per share.

The heavy vehicle manufacturer for the military, emergency and commercial companies posted revenue of $2.21 billion in the period, which also missed Street forecasts. Eight analysts surveyed by Zacks expected $2.22 billion. Oshkosh shares have risen 41% since the beginning of the year. The stock has climbed 53% in the last 12 months.

Westinghouse beats expectations

Westinghouse Air Brake Technologies Corp. (WAB) on Thursday reported second-quarter earnings of $124.8 million. On a per-share basis, the Pittsburgh-based company said it had net income of 66 cents. Earnings, adjusted for one-time gains and costs, were $1.06 per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The maker of parts for locomotives, subways and buses posted revenue of $2.01 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.89 billion. Wabtec expects full-year earnings in the range of $4.15 to $4.35 per share, with revenue in the range of $7.9 billion to

$8.2 billion. Wabtec shares have risen 14% since the beginning of the year. The stock has climbed 30% in the last 12 months.

Old Dominion nets $269.6 million

Old Dominion Freight Line Inc. (ODFL) on Wednesday reported second-quarter net income of $269.6 million.The company said it had profit of $2.31 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.The trucking company posted revenue of $1.32 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.24 billion.Old Dominion shares have increased 33% since the beginning of the year. The stock has climbed 40% in the last 12 months.

McDonald’s reports $2.22B earnings

McDonald’s Corp. (MCD) on Wednesday reported second-quarter earnings of $2.22 billion. On a per-share basis, the Chicago-based company said it had profit of $2.95. Earnings, adjusted for non-recurring gains, came to $2.37 per share.

The results topped Wall Street expectations. The average estimate of

12 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.The world’s biggest hamburger chain posted revenue of $5.89 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $5.63 billion. McDonald’s shares have risen 15% since the beginning of the year, while the S&P’s 500 index has climbed 17%. The stock has risen 22% in the last

12 months.

Amazon delivers mixed bag of 2Q results

Amazon on Thursday turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating on profits.

The world’s largest online retailer also offered a revenue forecast for its current quarter that fell short of analysts’ projections. It said revenue will be in the range of $106 billion to $112 billion for the third quarter. Analysts were looking

for $119.3 billion.

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