
The truck maker lagged major indexes in Friday’s session as investors look toward its October 27 earnings release.
PACCAR shares fell 1.48% to $108.04 in Friday’s session, while the S&P 500 gained 0.6%. The Dow rose 0.83% and the Nasdaq added 0.64%.
The stock had lost 10.53% over the past month, compared with a 1.57% decline for the Auto-Tires-Trucks sector and a 1.34% gain for the S&P 500, according to the article.
PACCAR is scheduled to report earnings on October 27. Zacks’ consensus estimates call for quarterly earnings of $1.61 per share and revenue of $7.54 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance