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PACCAR announced earnings per share of $1.08 on revenue of $5.15B. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $4.85B.
PACCAR shares are up 1% from the beginning of the year, still down 15.47% from its 52 week high of $103.19 set on January 21. They are under-performing the Nasdaq which is up 18.14% from the start of the year.
PACCAR shares gained 0.19% in pre-market trade following the report.
PACCAR’s report follows an earnings beat by Tesla on October 20, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
Autoliv Inc. SDB had missed expectations on Friday with third quarter EPS of $6.25 on revenue of $15.82B, compared to forecast for EPS of $7.01 on revenue of $16.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
