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Valued at $47.5 billion by market cap, PACCAR Inc (PCAR) operates as an industrial giant, designing, manufacturing, and distributing light, medium, and heavy-duty commercial trucks. Based in Bellevue, Washington, the company operates through Truck, Parts, and Financial Services segments.
The company is expected to release its Q1 2025 earnings before the market opens on Tuesday, Apr. 29. Ahead of this event, analysts project PCAR to report a profit of $1.58 per share, down a staggering 30.4% from $2.27 per share reported in the year-ago quarter. While the company has surpassed Street's bottom-line estimates twice over the past four quarters, it fell short of expectations on two other occasions.