It's been a couple of weeks now since Oshkosh (NYSE: OSK), a manufacturer of trucks for both the military and civilian markets, reported its Q4 results. The stock is down about 10% since those earnings came out -- but not because of earnings.   

In fact, Oshkosh stock held up quite well for several days post-earnings, even rising a few percentage points, despite earning about $0.13 less than expected. This was thanks to strong revenue performance in the quarter (sales up 23%) and guidance for more of the same. (Oshkosh forecast 2023 sales of $8.4 billion and profits near $5.50 per share, or nearly twice what it earned in 2022.) If Oshkosh can deliver on its promises, the stock would appear to be quite a good bargain at its current valuation of less than 19 times free cash flow, and with a near-25% projected growth rate.

But I wouldn't recommend you count too heavily on Oshkosh hitting those numbers.

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Source Fool.com