PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.

PACCAR appears to be a financially sound company, but the market is already pricing in a noticeably high level of quality. Liquidity is strong: the quick ratio of 2.91 and current ratio of 3.11 are well above industry benchmarks, and nearly $8.9 billion in cash on hand supports balance sheet flexibility. Leverage is moderate: the debt/equity ratio of 0.52 is around the median, while long-term debt declined over the year, which reduces risk for the valuation. On the other hand, the valuation multiples look expensive: P/E of 28.39, P/S of 2.53, and P/B of 3.55 are above industry medians, so the upside from re-rating is limited. P/FCF is around the median, which softens the picture, but it does not provide a strong argument for meaningful upside. Profitability is generally decent: operating margin of 13.24 and net profit margin of 8.91 are above the industry, although ROE of 12.81 and ROI of 8.27 are already weaker than the median, and return on tangible equity is notably lower. Efficiency trends have deteriorated over recent periods: ROE, ROA, and ROI have declined from higher levels, and gross margin has been gradually compressing. This is an important signal because, at high valuation multiples, even a modest weakening in margins usually limits further valuation growth. Revenue, earnings, and operating income remain large and generally stable, but without a clear acceleration that would justify a more aggressive premium to the industry. Equity is growing, which supports balance sheet quality, but the growth rate is not strong enough to fully offset the expensive valuation. Dividend yield is currently zero, and the recent dividend history looks unstable, so the dividend factor does not provide meaningful support to the share price. Overall, the fundamentals are more high-quality than undervalued: the business is resilient, but the current price already reflects a significant portion of these strengths. For the target valuation, this implies only a small negative adjustment, since the balance sheet and liquidity are strong, but expensive multiples and weakening profitability constrain upside.

PACCAR Inc.

Слабый индекс, значительно упал. Быки продолжают терять уверенность.

Weak index, significantly down. Bulls continue to lose confidence.

Сильный индекс, незначительно упал. Рынок на стороне быков.

Strong index, slightly down. The market is on the bulls' side.

Слабый индекс, незначительно вырос. Приток средств в лонги остается на невысоком уровне.

Weak index, slightly up. The inflow of funds into longs remains at a low level.

PACCAR is financially sound, but expensive valuation multiples and weakening ROE/ROI limit the upside; strong liquidity and balance sheet only partially offset this.

Data is currently not available
Edit My Quotes
Add up to 25 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data
Data is currently not available
Edit My European Quotes
Add up to 25 instruments
To add instruments:
Type a instrument or company name. When the instrument you want to add appears, add it to My European Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple instruments separated by spaces.
These instruments will be available throughout the site during your session.
Save data
Data is currently not available
Your symbols have been updated
You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com.
Continue
Data is currently not available
Edit Watchlist
Add up to 20 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data

PACCAR (PCAR) Q2 2026 Earnings Call Transcript

PACCAR Inc. PCAR reported second-quarter 2026 earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 by 7.5%. The bottom line increased 4.4% from $1.37 in the year-ago quarter.
Consolidated revenues (including trucks and financial services) were $7.55 billion, up from $7.1 billion in the corresponding quarter of 2025.
Truck, Parts and Other revenues of $7 rose 0.5% year over year. Higher truck profitability and record parts revenues supported results, while global truck deliveries declined 1.5% to 38,700 units.
PACCAR Inc. Price, Consensus and EPS Surprise
PCAR’s Revenue Mix Favors Truck Sales
Truck revenues were $5.25 billion in the quarter, edging up from $5.24 billion a year earlier. Parts revenues increased 1.5% to a record $1.75 billion, reflecting continued strength in the aftermarket business.
Financial Services revenues were $549.7 million compared with $547.7 million in the prior-year quarter. Intersegment eliminations and other were $3 million.
Geographically, revenues from the United States and Canada declined 3.3% to $4.59 billion. European revenues advanced 6.9% to $1.79 billion, while revenues from other markets climbed 7.3% to $1.17 billion.
PACCAR Expands Truck Profit Despite Lower Deliveries
Truck pretax profit rose 16.7% year over year to $360.5 million from $308.8 million. The increase came even as worldwide deliveries slipped from 39,300 units in the prior-year period.
North American deliveries fell to 22,000 units from 23,000. Europe improved to 11,200 units from 10,600, while other markets declined to 5,500 units from 5,700.
The higher second-quarter build rates were attributable to strong orders and improving freight rates. PACCAR expects constrained freight capacity and an aging fleet to create opportunities for customers to replace trucks with newer, more fuel-efficient models.
PCAR Parts Delivers Record Quarterly Revenues
PACCAR Parts generated pretax income of $417 million compared with $416.5 million a year ago. The modest profit increase came alongside record quarterly revenues and continued investment in distribution and logistics capabilities.
The company expects improving North American freight conditions to support truck utilization and parts demand. Its parts network includes 21 distribution centers serving more than 2,000 DAF, Kenworth and Peterbilt locations and over 350 TRP stores.
First-half parts revenues increased to $3.46 billion from $3.41 billion. Pretax profit for the six-month period declined to $819.3 million from $843 million.
PACCAR Financial Services Holds Profit Steady
Financial Services pretax income was $124.1 million compared with $123.2 million in the year-ago quarter. Provision for losses on receivables increased to $39.4 million from $29.2 million, partly offsetting steady finance margins and an improving used-truck market.
The business ended the quarter with a portfolio of 222,000 trucks and trailers and $22.3 billion in total assets. PacLease’s fleet stood at 37,000 vehicles, and the segment issued $1.38 billion of medium-term notes during the first half.
First-half Financial Services pretax income declined to $239.6 million from $244.3 million. Revenues increased to $1.09 billion from $1.08 billion over the same period.
PCAR’s Costs and Cash Flow Remain in Focus
Within Truck, Parts and Other, cost of sales and revenues declined to $5.99 billion from $6 billion. Research and development expenses rose to $114.3 million from $112.9 million, while selling, general and administrative expense eased to $138.6 million from $139.2 million.
PACCAR generated $700.8 million in operating cash flow during the quarter. For the first half, operating cash flow was $1.67 billion, while capital investments and research and development expenses totaled $274.2 million and $223.4 million, respectively.
Cash and marketable securities were $8.67 billion as of June 30, 2026, compared with $9.25 billion at Dec. 31, 2025.
PACCAR Raises European Market Expectations
The company maintained its 2026 U.S. and Canada Class 8 industry retail sales forecast at 230,000-270,000 trucks. It expects European above 16-tonne registrations of 290,000-330,000 units, up from the previous estimate of 280,000-320,000.
The South American above 16-tonne market remains projected at 100,000-110,000 trucks. For 2026, capital expenditures are now expected between $700 million and $750 million, down from the previous estimate of $725-$775 million. Research and development expenses are now projected to be in the band of $450-$480 million compared with the previous estimate of $450-$500 million.
Spending priorities include clean diesel, hybrid and battery-electric powertrains, connected vehicle services and expanded manufacturing capabilities.
PCAR currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto Space
General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.
Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years.
Genuine Parts GPC reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

PACCAR Q2 Earnings Surpass Expectations on Truck Profit

(RTTNews) - Paccar Inc. (PCAR) will host a conference call at 12:00 PM ET on July 28, 2026, to discuss Q2 26 earnings results.
To access the live webcast, log on to https://investors.paccar.com/overview/default.aspx
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Paccar Q2 26 Earnings Conference Call At 12:00 PM ET

Paccar (PCAR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.52%. A quarter ago, it was expected that this truck maker would post earnings of $1.13 per share when it actually produced earnings of $1.15, delivering a surprise of +1.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Paccar, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $7 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.49%. This compares to year-ago revenues of $6.96 billion. The company has topped consensus revenue estimates two times over the last four quarters.
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.
Paccar shares have added about 21.9% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Paccar?
While Paccar has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Paccar was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.52 on $7.14 billion in revenues for the coming quarter and $5.66 on $27.98 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Aebi Schmidt Holding AG (AEBI), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of +316.7%. The consensus EPS estimate for the quarter has been revised 15.8% higher over the last 30 days to the current level.
Aebi Schmidt Holding AG's revenues are expected to be $468.4 million, up 68.7% from the year-ago quarter.
Should You Invest in PACCAR Inc. (PCAR)?
Before you invest in PACCAR Inc. (PCAR), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
Aebi Schmidt Holding AG (AEBI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Paccar (PCAR) Tops Q2 Earnings Estimates

(RTTNews) - PACCAR Inc. (PCAR), a manufacturer of commercial trucks and provider of financial services, on Tuesday reported higher second-quarter earnings, mainly supported by improved income from its Truck, Parts and Other business.
Net income increased to $752 million or $1.43 per share in the three months ended June 30, 2026, from $723.8 million or $1.37 per share a year earlier.
Net sales and financial services revenues were $7.547 billion, compared to $7.511 billion a year ago.
Truck, Parts and Other net sales and revenues edged up 0.5% to $6.997 billion from $6.963 billion a year earlier. Financial Services revenues increased to $549.7 million from $547.7 million.
PCAR shares were down nearly 1% in pre-market trading after closing at $133.44 on Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

PACCAR Q2 Earnings Increase As Revenue Edges Higher

(RTTNews) - Paccar Inc. (PCAR) reported earnings for its second quarter that Increased, from the same period last year
The company's bottom line totaled $752.0 million, or $1.43 per share. This compares with $723.8 million, or $1.37 per share, last year.
The company's revenue for the period rose 0.5% to $6.997 billion from $6.962 billion last year.
Paccar Inc. earnings at a glance (GAAP) :
-Earnings: $752.0 Mln. vs. $723.8 Mln. last year. -EPS: $1.43 vs. $1.37 last year. -Revenue: $6.997 Bln vs. $6.962 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Paccar Inc. Reveals Increase In Q2 Profit

We are in the heart of the second-quarter earnings season for the Auto-Tires-Trucks sector, with several auto companies set to report results this week. So far, three S&P 500 sector components — Tesla, General Motors and Genuine Parts — have reported quarterly numbers. While General Motors and Genuine Parts exceeded earnings estimates, Tesla missed expectations.
Per the Earnings Trend report dated July 22, the auto sector’s earnings for second-quarter 2026 are expected to grow 15.7% on a year-over-year basis. Revenues are estimated to inch up 2.7%.
U.S. legacy automaker Ford F, trucking giant PACCAR PCAR, specialty vehicle manufacturer Oshkosh Corp OSK and auto retailer Asbury Automotive ABG are scheduled to report their second-quarter 2026 results tomorrow. Before we discuss how these companies are positioned ahead of results, let’s take a look at the broader factors shaping the quarterly performance of the auto sector.
Factors at Play
The U.S. auto market held up better than many expected in the second quarter of 2026. Despite geopolitical tensions, elevated fuel prices and an uncertain policy environment, demand for new vehicles remained resilient, with buyers continuing to make purchases. Uncertainty is no longer stopping them from buying vehicles. Many have adapted to years of inflation, high interest rates, and policy changes, choosing to adjust their budget or vehicle preference instead of delaying purchases.
Per Cox Automotive, second-quarter sales crossed 4.1 million, representing double-digit percentage growth relative to the first quarter of 2026. June vehicle sales were solid, with the seasonally adjusted average rate (SAAR) at 16.5 million, the highest level in 2026. That said, second-quarter sales were still down on a yearly basis amid affordability pressure.
New vehicle prices continued to edge higher, with the average listing price reaching $49,336 in June, up 1.4% year over year. Meanwhile, higher fuel costs are driving buyers toward fuel-efficient models, prompting automakers to broaden their hybrid lineups.
What’s in Store for F, PCAR, OSK, ABG?
Our proprietary model indicates that a company needs to have the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — to increase the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Ford is set to report earnings after the closing bell. Our proven model does not conclusively predict an earnings beat for the company this time, as it has an Earnings ESP of -5.58% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Ford’s second-quarter U.S. sales fell 10% year over year to 549,200 vehicles, primarily due to a supplier disruption affecting its highly profitable F-Series pickup trucks and continued weakness in the electric vehicle (EV) business.Lower wholesale volumes from all segments are expected to weigh on results. The Zacks Consensus Estimate projects wholesale shipments of 670,000 units for Ford Blue, 43,690 units for Model e and 421,000 units for Ford Pro, all below the year-ago levels, which is likely to have hurt revenue growth.Softer volumes are expected to be partly offset by cost-control initiatives, favorable product mix and growth in software and connected services.
The Zacks Consensus Estimate for Ford’s to-be-reported quarter’s earnings and automotive revenues is pegged at 33 cents per share (implying contraction of 10.8% on a year-over-year basis) and $45.72 billion (suggesting a year-over-year decline of 2.7%), respectively. The EPS estimate for the second quarter has moved down by 3 cents in the past seven days. Ford surpassed earnings estimates in three of the trailing four quarters and missed on the other occasion.
Ford Motor Company Price and EPS Surprise
PACCAR will release earnings before the opening bell. Our model does not conclusively predict an earnings beat for the company, as it has an Earnings ESP of -0.05% and a Zacks Rank #3 at present.
PACCAR faces demand headwinds across key markets amid macroeconomic uncertainty. It expects second-quarter 2026 deliveries of 37,000 to 38,000 trucks, down from 39,300 delivered in the second quarter of 2025. The Zacks Consensus Estimate for trucking revenues is pegged at $5.14 billion, implying a decline from $5.24 billion in the year-ago period. PACCAR Parts remains a key growth driver. The company expects sales growth of about 3% in the second quarter of 2026. PACCAR expects Truck, Parts and Other margin to improve due to volume, with slight price-cost favorability, while acknowledging continued pricing pressure as tariffs may not have been fully rolled through.
The Zacks Consensus Estimate for PACCAR’s to-be-reported quarter’s earnings and Truck, Parts and Other revenues is pegged at $1.33 per share (implying a contraction of 3% on a year-over-year basis) and $7.10 billion (suggesting year-over-year growth of 2%), respectively. The EPS estimate for the second quarter has moved down by a cent in the past seven days. PACCAR surpassed earnings estimates in each of the trailing four quarters
PACCAR Inc. Price and EPS Surprise
Oshkosh will report earnings before the opening bell. Our model does not predict an earnings beat for the company, as it has an Earnings ESP of -1.54% and a Zacks Rank #4 (Sell) at present.
The company expects refuse vehicle volumes to be down 25-30% for the full year, reflecting cautious customer capex. The consensus mark for OSK’s Access segment revenues is $1.17 billion (down from $1.25 billion in the year-ago period). The segment also faces the highest exposure to tariffs and fluctuating costs. The Zacks Consensus Estimate for operating income from the unit is pegged at $116 million, implying a decline from $182 million generated in the corresponding quarter of 2025. Meanwhile, continued ramp-up in production of the Next Generation Delivery Vehicle for the U.S. Postal Service is expected to benefit the Transport unit.
The Zacks Consensus Estimate for Oshkosh’s to-be-reported quarter’s earnings and revenues is pegged at $2.60 per share (implying a decline of 24% on a year-over-year basis) and $2.57 billion (almost similar to prior-year quarter levels), respectively. The EPS estimate for the second quarter has moved down by 13 cents in the past 30 days. OSK surpassed earnings estimates in two of the trailing four quarters for as many misses.
Oshkosh Corporation Price and EPS Surprise
Asbury is set to unveil earnings before the opening bell. Our model does not predict an earnings beat for the company, as it has an Earnings ESP of -0.46% and a Zacks Rank #3 at present.
Based on the consensus estimates, Asbury is likely to witness a year-over-year fall in new and used vehicle retail sales, which is likely to be partly offset by improved pricing. The Zacks Consensus Estimate for new vehicle revenues and gross profit is pegged at $2.36 billion (suggesting 2.47% year-over-year growth) and $141 million (implying a 12% contraction from the year-ago period levels), respectively. The consensus mark for used vehicle revenues and gross profit is pegged at $1.27 billion (suggesting a modest decline from $1.28 billion in the year-ago quarter) and $68 million (compared with $69 million in the corresponding quarter of 2025), respectively.
The Zacks Consensus Estimate for Asbury’s to-be-reported quarter’s earnings and revenues is pegged at $6.30 per share (implying a decline of 15% on a year-over-year basis) and $4.46 billion (implying 2% year-over-year growth), respectively. The EPS estimate for the second quarter has moved down by 3 cents in the past 60 days. ABG surpassed earnings estimates in two of the trailing four quarters for as many misses.
Asbury Automotive Group, Inc. Price and EPS Surprise
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ford, PACCAR, OSK & ABG: Can They Beat Q2 Earnings Estimates?

The upcoming report from Paccar (PCAR) is expected to reveal quarterly earnings of $1.33 per share, indicating a decline of 2.9% compared to the year-ago period. Analysts forecast revenues of $7.1 billion, representing an increase of 2% year over year.
Over the last 30 days, there has been an upward revision of 2.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Paccar metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Sales and Revenues- Financial Services' to come in at $539.88 million. The estimate suggests a change of -1.4% year over year.
The consensus estimate for 'Sales and Revenues- Parts' stands at $1.78 billion. The estimate points to a change of +3.2% from the year-ago quarter.
The consensus among analysts is that 'Sales and Revenues- Truck' will reach $5.15 billion. The estimate indicates a year-over-year change of -1.8%.
The collective assessment of analysts points to an estimated 'Truck deliveries - Total' of 37,871 . The estimate compares to the year-ago value of 39,300 .
According to the collective judgment of analysts, 'Truck deliveries - Other' should come in at 5,256 . The estimate compares to the year-ago value of 5,700 .
Based on the collective assessment of analysts, 'Truck deliveries - Europe' should arrive at 10,951 . The estimate compares to the year-ago value of 10,600 .
Analysts' assessment points toward 'Truck deliveries - U.S and Canada' reaching 21,664 . The estimate compares to the year-ago value of 23,000 .
Analysts predict that the 'Pretax Profit- Financial Services' will reach $115.96 million. The estimate compares to the year-ago value of $123.20 million.
The combined assessment of analysts suggests that 'Pretax Profit- Parts' will likely reach $441.87 million. The estimate compares to the year-ago value of $416.50 million.
Analysts forecast 'Pretax Profit- Truck' to reach $220.92 million. Compared to the current estimate, the company reported $308.80 million in the same quarter of the previous year.
View all Key Company Metrics for Paccar here>>>
Paccar shares have witnessed a change of +12% in the past month, in contrast to the Zacks S&P 500 composite's +0.4% move. With a Zacks Rank #3 (Hold), PCAR is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Exploring Analyst Estimates for Paccar (PCAR) Q2 Earnings, Beyond Revenue and EPS

In the latest close session, Paccar (PCAR) was up +2.86% at $126.67. This change outpaced the S&P 500's 0.51% loss on the day. Meanwhile, the Dow lost 0.2%, and the Nasdaq, a tech-heavy index, lost 1.47%.
Heading into today, shares of the truck maker had gained 4.95% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 3.43% and the S&P 500's gain of 0.53%.
The investment community will be paying close attention to the earnings performance of Paccar in its upcoming release. The company is slated to reveal its earnings on July 28, 2026. On that day, Paccar is projected to report earnings of $1.33 per share, which would represent a year-over-year decline of 2.92%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $7.11 billion, up 2.08% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.62 per share and revenue of $27.82 billion. These totals would mark changes of +12.18% and +6.05%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Paccar. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.63% higher. Paccar presently features a Zacks Rank of #3 (Hold).
Investors should also note Paccar's current valuation metrics, including its Forward P/E ratio of 21.9. For comparison, its industry has an average Forward P/E of 18.61, which means Paccar is trading at a premium to the group.
It's also important to note that PCAR currently trades at a PEG ratio of 1.14. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. PCAR's industry had an average PEG ratio of 0.99 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 173, which puts it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Paccar (PCAR) Rises As Market Takes a Dip: Key Facts

Lucid Group (LCID) shares rallied 28.8% in the last trading session to close at $5.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8% loss over the past four weeks.
Lucid shares bounced back yesterday after the company reassured investors about its financial health, dismissing reports that it was considering bankruptcy or a move to go private. Chief Communications Officer Nick Twork said Lucid has sufficient liquidity to fund operations well into next year. As of the end of the first quarter of 2026, the EV maker held $714 million in cash and $3.2 billion in total liquidity. Its financial position was further strengthened earlier this year with $1.05 billion in fresh funding backed by Saudi Arabia's Public Investment Fund and Uber.
This an electric vehicle automaker is expected to post quarterly loss of $2.58 per share in its upcoming report, which represents a year-over-year change of +7.9%. Revenues are expected to be $373.56 million, up 44% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Lucid Group, the consensus EPS estimate for the quarter has been revised 13.4% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on LCID going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Lucid Group is a member of the Zacks Automotive - Domestic industry. One other stock in the same industry, Paccar (PCAR), finished the last trading session 0.6% lower at $123.15. PCAR has returned 2.4% over the past month.
Paccar's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.32. Compared to the company's year-ago EPS, this represents a change of -3.7%. Paccar currently boasts a Zacks Rank of #3 (Hold).
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PACCAR Inc. (PCAR) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

PACCAR Inc.

Sign up and unlock all the capabilities of the AI-screener