Countdown to Paccar (PCAR) Q1 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Paccar (PCAR) is expected to report a significant decline in quarterly earnings and revenues, with analysts predicting earnings of $1.57 per share, a decrease of 30.8% year-over-year, and revenues of $7.07 billion, down 14.1% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 9.4% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Sales and Revenues- Parts' to be $1.72 billion, reflecting a year-over-year increase of 2.8% [5]. - 'Sales and Revenues- Truck' is expected to reach $5.32 billion, indicating a decline of 18.7% from the same quarter last year [5]. - 'Sales and Revenues- Other' is forecasted at $17.87 million, a decrease of 1.3% year-over-year [5]. - 'Sales and Revenues- Financial Services' is estimated at $512.73 million, showing a slight increase of 0.7% from the prior year [6]. Delivery Estimates - Total 'Truck deliveries' are projected at 39,856, down from 48,100 in the same quarter last year [6]. - 'Truck deliveries - Other' are expected to be 7,206, slightly up from 7,000 year-over-year [6]. - 'Truck deliveries - Europe' is estimated at 10,502, down from 11,600 in the previous year [7]. - 'Truck deliveries - U.S and Canada' are forecasted at 22,148, compared to 29,500 in the same quarter last year [7]. Profit Estimates - 'Pretax Profit- Financial Services' is estimated at $105.99 million, down from $113.90 million year-over-year [8]. - 'Pretax Profit- Parts' is projected to be $420.38 million, compared to $455.80 million in the same quarter last year [8]. - 'Pretax Profit- Truck' is expected to reach $508.81 million, a significant decrease from $881.60 million in the previous year [9]. Stock Performance - Paccar shares have declined by 5.6% over the past month, compared to a 4.8% decline in the Zacks S&P 500 composite [9].