The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict PACCAR's revenues will wither -9.4% and EPS will contract -14.3%.
The average estimate for revenue is $3.62 billion. On the bottom line, the average EPS estimate is $0.66.
Last quarter, PACCAR recorded revenue of $4.19 billion. GAAP reported sales were 13% higher than the prior-year quarter's $3.96 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.83. GAAP EPS of $0.83 for Q2 were 28% higher than the prior-year quarter's $0.65 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 14.3%, 100 basis points better than the prior-year quarter. Operating margin was 9.9%, 130 basis points better than the prior-year quarter. Net margin was 6.7%, 60 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $16.31 billion. The average EPS estimate is $3.15.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 630 members out of 679 rating the stock outperform, and 49 members rating it underperform. Among 199 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 185 give PACCAR a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PACCAR is outperform, with an average price target of $51.68.
- Add PACCAR to My Watchlist.