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