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PACCAR announced earnings per share of $0.43 on revenue of $2.7B. Analysts polled by Investing.com anticipated EPS of $0.3 on revenue of $2.95B.
PACCAR shares are down 0% from the beginning of the year , still down 3.12% from its 52 week high of $82.25 set on November 27, 2019. They are under-performing the Nasdaq which is up 20% from the start of the year.
PACCAR shares gained 0.40% in pre-market trade following the report.
PACCAR’s report follows an earnings missed by Nike on June 25, who reported EPS of $-0.51 on revenue of $6.31B, compared to forecasts EPS of $0.09 on revenue of $7.3B.
AB Electrolux had beat expectations on Friday with second quarter EPS of $-0.11 on revenue of $2.6B, compared to forecast for EPS of $-0.42 on revenue of $2.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
