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Paccar (PCAR) Reports Q4 Earnings: What Key Metrics Have to Say
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For the quarter ended December 2022, Paccar (PCAR - Free Report) reported revenue of $7.73 billion, up 22.9% over the same period last year. EPS came in at $2.64, compared to $1.47 in the year-ago quarter.
The reported revenue represents a surprise of +9.92% over the Zacks Consensus Estimate of $7.04 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +18.39%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Paccar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Truck deliveries-Total: 51600 versus 47805 estimated by three analysts on average.
Sales and Revenues- Truck: $6.25 billion compared to the $5.53 billion average estimate based on four analysts. The reported number represents a change of +26.1% year over year.
Sales and Revenues- Parts: $1.47 billion versus $1.44 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12% change.
Sales and Revenues-Other [$M]: $11 million versus the three-analyst average estimate of $24.15 million. The reported number represents a year-over-year change of -49.3%.
Sales and Revenues-Financial Services [$M]: $394.80 million versus the three-analyst average estimate of $373.72 million. The reported number represents a year-over-year change of +1.1%.
Pretax Profit- Parts: $379.50 million compared to the $372.36 million average estimate based on three analysts.
Shares of Paccar have returned +1.7% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Paccar (PCAR) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended December 2022, Paccar (PCAR - Free Report) reported revenue of $7.73 billion, up 22.9% over the same period last year. EPS came in at $2.64, compared to $1.47 in the year-ago quarter.
The reported revenue represents a surprise of +9.92% over the Zacks Consensus Estimate of $7.04 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +18.39%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Paccar performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Paccar here>>>
Shares of Paccar have returned +1.7% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.