PCAR Earnings Prediction
The chart below shows how PCAR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PCAR sees a -0.47% change in stock price 10 days leading up to the earnings, and a +0.07% change 10 days following the report. On the earnings day itself, the stock moves by -0.97%. This data can give you a slight idea of what to expect for the next quarter's release.
PCAR Key Earning Data
PCAR Earnings Analysis
Positive
Strong After-Tax Return: PACCAR earned a strong $972 million on revenues of $8.2 billion for an industry-leading after-tax return on revenue of 11.8%.
PACCAR Parts Revenue Increase: PACCAR Parts' third quarter revenues increased 5% to $1.66 billion and pre-tax profits were $407 million.
Pre-Tax Income Achievement: PACCAR Financial earned pre-tax income of $107 million in the third quarter.
Truck Delivery Forecast: PACCAR delivered 44,900 trucks during the third quarter, with fourth quarter deliveries expected to be around 42,000 vehicles.
Strong Truck Performance in Brazil: PACCAR's premium lineup of trucks is performing well for customers in South America, especially in the important Brazilian market.
Negative
Quarterly Revenue Performance: PACCAR's third quarter revenue was $972 million on revenues of $8.2 billion for an industry-leading after-tax return on revenue of 11.8%.
PACCAR Parts Revenue Increase: PACCAR Parts' third quarter revenues increased 5% to $1.66 billion and pre-tax profits were $407 million.
Pre-Tax Income Achievement: PACCAR financial earned pre-tax income of $107 million in the third quarter.
Class 8 Truck Market Estimate: We estimate this year's U.S. and Canadian Class 8 market to be around 260,000 trucks and next year to be in the range of 250,000 to 280,000 vehicles.
Truck Delivery Forecast: PACCAR delivered 44,900 trucks during the third quarter. We expect fourth quarter deliveries to be around 42,000 vehicles.
PCAR FAQs
How does PCAR typically perform around its earnings report dates?
PCAR's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -0.47% change leading up to the report and a +0.07% change in the 10 days following the release.
Is PACCAR Inc (PCAR) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
PCAR Earning Call Sentiment
PACCAR Inc (PCAR) Q3 2024 Earnings Call Transcript
PCAR.O
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