Paccar (PCAR) Increases Despite Market Slip: Here's What You Need to Know

Prior to today's trading, shares of the truck maker had gained 1.1% over the past month. This has lagged the Auto-Tires-Trucks sector's gain of 22.9% and the S&P 500's gain of 4.43% in that time. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.35 per share and a revenue of$32.35 billion, representing changes of -13.11% and -2.89%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price mom ...