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PACCAR announced earnings per share of $1.11 on revenue of $4.54B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $4.39B.
PACCAR shares are up 15% from the beginning of the year, still down 0.57% from its 52 week high of $91.58 set on October 19. They are outperforming the S&P 500 which is up 6.07% from the start of the year.
PACCAR’s report follows an earnings beat by Nike on September 22, who reported EPS of $0.95 on revenue of $10.59B, compared to forecasts EPS of $0.47 on revenue of $9.13B.
Ferrari NV had missed expectations on September 24 with third quarter EPS of $0.05 on revenue of $670.24M, compared to forecast for EPS of $0.06 on revenue of $670.08M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
