PACCAR Earnings, Revenue Beat in Q2

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PACCAR announced earnings per share of $1.41 on revenue of $5.84B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $5.52B.

PACCAR shares are down 0% from the beginning of the year, still down 15.78% from its 52 week high of $103.19 set on January 21. They are under-performing the Nasdaq 100 which is up 17.36% from the start of the year.

PACCAR’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.

Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar