PACCAR Q2 EPS $2.33 Beats $2.18 Estimate, Sales $8.44B Beat $8.23B Estimate
Portfolio Pulse from Benzinga Newsdesk
PACCAR reported Q2 earnings of $2.33 per share, beating the analyst consensus estimate of $2.18 by 6.88%. This is a 68.84% increase from the same period last year. The company also reported quarterly sales of $8.44 billion, beating the analyst consensus estimate of $8.23 billion by 2.56%. This is a 24.39% increase from the same period last year.
July 25, 2023 | 12:11 pm
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POSITIVE IMPACT
PACCAR's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
PACCAR's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100