PACCAR Falls 2.25% as Major Indexes Post Smaller Losses
PACCAR shares slid to $106.86, while consensus estimates point to higher earnings and revenue in the company's upcoming report.
Key takeaways
- PACCAR closed at $106.86, down 2.25%, while the S&P 500 fell 0.22%.
- Consensus estimates project quarterly EPS of $1.61 and revenue of $7.54 billion.
PACCAR shares closed at $106.86, down 2.25% from the previous session. The decline was steeper than the S&P 500's 0.22% loss; the Dow fell 0.66% and the Nasdaq lost 0.22%.
The stock has fallen 10.76% over the past month, while the Auto-Tires-Trucks sector gained 1.09% and the S&P 500 rose 1.4%.
For PACCAR's upcoming results, consensus estimates call for earnings of $1.61 per share and revenue of $7.54 billion. Those figures would be increases of 43.75% and 23.48%, respectively, from the year-earlier quarter, according to the estimates cited by Zacks.
This article was produced with the help of AI technology. Source: Yahoo Finance
