PACCAR Earnings Preview
Portfolio Pulse from Benzinga Insights
PACCAR (NASDAQ:PCAR) is set to release its quarterly earnings report on Tuesday, 2023-10-24, with analysts estimating an EPS of $2.12. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. PACCAR's shares were trading at $81.58 as of October 20, with a 34.62% increase over the last 52-week period.
October 23, 2023 | 5:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
PACCAR is expected to release its earnings report, which could impact its stock price. The company has a history of beating EPS estimates but experiencing a drop in share price.
The upcoming earnings report is a significant event for PACCAR. While the company has a history of beating EPS estimates, this has been followed by a drop in share price. This pattern, if repeated, could lead to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100