Paccar (PCAR) Beats Q2 Earnings and Revenue Estimates

Core Viewpoint - Paccar reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.28 per share, but down from $2.13 per share a year ago, indicating a mixed performance in earnings [1][2]. Financial Performance - The company achieved revenues of $6.96 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.53%, but down from $8.26 billion year-over-year [2]. - Over the last four quarters, Paccar has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2]. Stock Performance - Paccar shares have declined approximately 10.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3]. - The current Zacks Rank for Paccar is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.34 on revenues of $6.77 billion, while for the current fiscal year, the estimate is $5.62 on revenues of $27.28 billion [7]. - The trend of earnings estimate revisions for Paccar was mixed ahead of the earnings release, which could change following the recent report [6]. Industry Context - The Automotive - Domestic industry, to which Paccar belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8]. - The performance of Paccar's stock may be influenced by the overall outlook for the industry [8].