Paccar Earnings: Your Sneak Peek to the Big Announcement
Paccar (NASDAQ:PCAR) will report earnings before markets open on Tuesday, July 23rd. PACCAR Inc designs, develops, manufactures, and distributes light-, medium-, and heavy-duty trucks, and related aftermarket distribution of parts. The Company also offers finance and leasing services to its customers and dealers.
Here is your Cheat Sheet to Paccar Earnings:
Earnings Expectations: Analysts expect earnings of $0.75 per share on revenues of $3.91 billion. Currently, the company’s P/E ratio stands at 19.71.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.83 to a profit $0.81. For the current year, the average estimate is a profit of $3.13, which is worse than the estimate ninety days ago.
Here’s how Paccar has been performing on an annual basis:
|Revenue ($) in millions||14,973||8,087||10,293||16,355||17,051|
|Diluted EPS ($)||2.78||0.31||1.25||2.86||3.12|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||4,191.10||3,546.70||3,699.20||3,631.20|
|Diluted EPS ($)||0.83||0.66||0.72||0.67|
Paccar has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)