Paccar 2Q Earnings Pregame Scorecard

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Last quarter Paccar (NASDAQ:PCAR) topped estimates by 11 cents per share, and it is scheduled to report again on Tuesday.

Expectations

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Analysts currently expect Paccar to come in with earnings of 82 cents per share on revenues of $4.23 billion. Analysts gave estimates ranging from 72 cents per share to 88 cents per share. Over the past two months, the average estimate has moved down from 85 cents.

Stock Movement

The stock fell $3.12 per share between May 29, 2012 and June 4, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $4.34 (-10.3%), from $41.95 to $37.61.

Company Fundamental Trends

Stock Ratings

Analysts think investors should stand pat on Paccar with nine of 14 analysts rating it hold.

Last Quarter's Results

In the first quarter, profit rose 69.3% to $327.3 million (91 cents a share) from $193.3 million (53 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 37.5% to $4.51 billion from $3.28 billion.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012

EPS: 82 cents

Revenue Estimate: $4.23 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)