Paccar (PCAR) Q2 Earnings and Revenues Miss Estimates

Paccar (PCAR) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of$2.15 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for nonrecurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Over the last four quarters, the company has surpassed consensus EPS estimates th ...