© Reuters. PACCAR Earnings, Revenue Beat in Q3
Investing.com – PACCAR (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
PACCAR announced earnings per share of $2.21 on revenue of $7.06. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $6.58B.
PACCAR shares are down 18% from the beginning of the year, still down 5.68% from its 52 week high of $97.56 set on January 26.
PACCAR shares gained 2.15% in pre-market trade following the report.
PACCAR follows other major Industrials sector earnings this month
PACCAR’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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