Paccar Q4 Revenues Drop 15.1% to $6.25B, EPS Falls to $1.06
Paccar’s fourth-quarter revenues slid 15.1% YoY to $6.25 billion while EPS fell 36% to $1.06 from $1.66. Consensus EPS estimate for the current quarter dropped 16.1% to $1.13, earning the company a Zacks Rank #3 and a VGM Score of C.
1. Q4 Financial Results
Paccar reported fourth-quarter revenues of $6.25 billion, down 15.1% year over year, and delivered EPS of $1.06 versus $1.66 a year ago, reflecting weakening end-market demand.
2. Current Quarter Estimate Revisions
Analysts have trimmed first-quarter EPS forecasts by 16.1% to $1.13, signaling cautious production and sales outlook for the truck manufacturer.
3. Market Ratings and Scores
The stock gained 0.6% over the past month, holds a Zacks Rank #3 (Hold) rating, and carries an aggregate VGM Score of C.
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