Paccar Inc reports results for the quarter ended March 31 - Earnings Summary

PACCAR

29/04/2025 14:32

Paccar Inc PCAR.OQ reported quarterly adjusted earnings of 96 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.27.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.44  to $1.66 per share.

Revenue fell 14.9% to $7.44 billion from a year ago; analysts expected $7.17 billion.

Paccar Inc's reported EPS for the quarter was 96 cents​.

The company reported quarterly net income of $505.1 million.

Paccar Inc shares had fallen by 5.5% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.8% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"

Wall Street's median 12-month price target for Paccar Inc is $100.00

This summary was machine generated from LSEG data April 29 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.58
0.96
Missed
Dec. 31 2024
1.69
1.66
Missed
Sep. 30 2024
1.82
1.85
Beat
Jun. 30 2024
2.14
2.13
Missed