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Barchart
Barchart
Kritika Sarmah

Here's What to Expect From PACCAR’s Next Earnings Report

Paccar PCAR

Headquartered in Bellevue, Washington, PACCAR Inc. (PCAR) is a leading global manufacturer of commercial vehicles and a key player in the heavy-duty trucking industry. With a market cap of $66.9 billion, 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 Q1 results before the market opens on Tuesday, Apr. 28. Ahead of the event, analysts expect PACCAR to report a profit of $1.13 per share, down 22.6% from $1.46 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line projections three times over the past four quarters, while missing on another occasion.

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