PACCAR Q3 GAAP EPS $2.34 Vs $1.47 Prior Year, Sales $8.23B Beat $8.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
PACCAR reported Q3 earnings of $2.34 per share, a 59.18% increase from the same period last year. The company's quarterly sales were $8.23 billion, beating the analyst consensus estimate of $8.01 billion by 2.77% and marking a 23.10% increase from last year.
October 24, 2023 | 12:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PACCAR's Q3 earnings and sales have significantly increased compared to the same period last year, beating analyst estimates.
PACCAR's Q3 earnings and sales have significantly increased compared to the same period last year, and they have also beaten analyst estimates. This indicates strong financial performance and could potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100