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Paccar (PCAR) Misses Q1 Earnings and Revenue Estimates
PCARPACCAR(PCAR) ZACKS·2025-04-29 14:10

Company Performance - Paccar reported quarterly earnings of 1.46pershare,missingtheZacksConsensusEstimateof1.46 per share, missing the Zacks Consensus Estimate of 1.57 per share, and down from 2.27pershareayearago,representinganearningssurpriseof−7.012.27 per share a year ago, representing an earnings surprise of -7.01% [1] - The company posted revenues of 6.91 billion for the quarter, missing the Zacks Consensus Estimate by 2.28%, and down from 8.24billionyear−over−year[2]−Overthelastfourquarters,PaccarhassurpassedconsensusEPSestimatesonlyonceandhastoppedconsensusrevenueestimatesjustonce[2]StockMovementandOutlook−Paccarshareshavedeclinedapproximately11.58.24 billion year-over-year [2] - Over the last four quarters, Paccar has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Movement and Outlook - Paccar shares have declined approximately 11.5% since the beginning of the year, compared to a -6% decline in the S&P 500 [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at 1.68 for the coming quarter and $6.62 for the current fiscal year [4][7] - The current Zacks Rank for Paccar is 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Automotive - Domestic industry, to which Paccar belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Paccar's stock performance [5]