PACCAR's Q4 Earnings: A Mixed Bag

PACCAR Inc., a heavy-duty commercial vehicle manufacturer, faces a potential earnings drop in Q4, with analysts predicting a 36.8% decrease from last years figures. Despite missing Wall Street estimates twice in the past four quarters, the company has beaten expectations twice. Shares have risen only 6.7% over the past year, lagging the S&P 500 and industrial sector. However, a potential rebound is expected in FY2026, with earnings per share projected to grow nearly 10%. The boards recent approval of a regular quarterly dividend and a special payout boosted investor confidence, sending shares up 4.2% the next trading day.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.