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Earnings Preview: PACCAR

Benzinga Insights
·1 min read

PACCAR (NASDAQ: PCAR) unveils its next round of earnings this Tuesday, October 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

PACCAR earnings will be near $0.94 per share on sales of $4.34 billion, according to analysts. In the same quarter last year, PACCAR reported EPS of $1.75 on revenue of $6.00 billion. The analyst consensus estimate would represent a 46.29% decrease in the company's earnings. Sales would have fallen 27.71% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q2 2020

Q1 2020

Q4 2020

Q3 2019

EPS Estimate

0.28

1.20

1.51

1.65

EPS Actual

0.43

1.03

1.53

1.75

Revenue Estimate

2.85 B

4.90 B

5.56 B

5.93 B

Revenue Actual

2.70 B

4.78 B

5.71 B

6.00 B

Stock Performance

Shares of PACCAR were trading at $89.94 as of October 16. Over the last 52-week period, shares are up 18.79%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

View more earnings on PCAR

Do not be surprised to see the stock move on comments made during its conference call. PACCAR is scheduled to hold the call at 12:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/9m8rnrn5

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