Mark your calendars for Tuesday 22nd October 2024, as PACCAR (NASDAQ: PCAR) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $1.82 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $7.65 billion for this period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $32.74 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $8.08 during the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $2.34, attributed to the company's total revenue of $8.23 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.13 | -8.6% | 8.26 B | -2.1% |
| Q1 2024 | $2.27 | +0.9% | 8.24 B | +2.3% |
| Q4 2023 | $2.70 | +53.4% | 8.59 B | +11.1% |
| Q3 2023 | $2.34 | +5.9% | 8.23 B | +23.1% |
| Q2 2023 | $2.33 | +12.6% | 8.44 B | +24.4% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Friday's trading saw PACCAR (PCAR) shares hit a low of $108.94 and a high of $110.42, with a day volume of 3.00 million shares. The stock closed the regular trading session at $110.09, marking 2.35 percent advance.
