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Barchart
Barchart
Kritika Sarmah

Earnings Preview: What to Expect From PACCAR’s Report

Paccar PCAR

With a market cap of $59.2 billion, PACCAR Inc. (PCAR) is a global leader in the design, manufacture, and distribution of high-quality commercial trucks, with a strong presence in the heavy- and medium-duty vehicle markets. Headquartered in Bellevue, Washington, the company operates through well-known truck brands including Peterbilt, Kenworth, and DAF, which are recognized for their premium quality, performance, and reliability.

The industrial giant is set to announce its Q4 results shortly. Ahead of the event, analysts expect PACCAR to report a profit of $1.05 per share, down 36.8% from $1.66 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line projections twice over the past four quarters while missing on two other occasions.

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