UPDATE 3-Oshkosh lowers defense sales outlook; shares drop

Newswire

* Q2 sales $1.75 bln vs $1.76 bln analyst forecast * Q2 EPS 74 cents vs Wall St estimate of 73 cents * Late US budget signing, muni budget woes curb sales * Shares fall nearly 9 percent (Adds defense segment estimate lowered, share price) NEW YORK, April 28 (Reuters) - Oshkosh Corp reported lower quarterly results and cut its defense segment outlook on Thursday, sending the specialty truckmaker's shares down nearly 9 percent. U.S. defense spending pressures, as well as strained ...

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