PACCAR Earnings, Income Beat in Q1 By


© Reuters. PACCAR earnings, sales hit in the first quarter – PACCAR (NASDAQ 🙂 reported Tuesday, the first quarter, that analysts’ forecasts and revenue exceeded expectations.

PACCAR announced earnings per share of $ 1.35 on sales of $ 5.41 billion. Analysts polled by expected earnings per share of $ 1.29 on sales of $ 5.38 billion.

PACCAR stocks are up 8% year-to-date and are still down 9.55% from their 52-week high of $ 103.19 on Jan. 21. They have underperformed, up 8.83% from the start of the year.

According to the report, the PACCAR share gained 0.06% in pre-market trading.

PACCAR follows other key results from the consumer discretionary sector this month

PACCAR’s report follows a jump in earnings for Tesla on Tuesday, which reported earnings per share of $ 0.93 on revenue of $ 10.39 billion, compared with forecast earnings per share of $ 0.7428 on revenue of $ 10.42 billion.

Genuine Parts beat expectations on Thursday with earnings per share of $ 1.5 billion on sales of $ 4.46 billion, compared to a forecast for earnings per share of $ 1.14 on sales of $ 4.3 billion . USD.

Stay up to date on all upcoming earnings reports by visiting’s earnings calendar

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