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Stockreport

Paccar (PCAR) Stock Jumps 8.7%: Will It Continue to Soar? [Yahoo! Finance]

PACCAR Inc. (PCAR)  More Company Research Source: Yahoo! Finance
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
This compares to the stock's 17.5% loss over the past four weeks. Paccar stock surged amid a broader market rebound following the Trump administration's announcement of a temporary halt on reciprocal tariffs for most countries. The move came in response to steep market declines and growing fears that tariff increases could push the economy into a recession. This truck maker is expected to post quarterly earnings of $1.58 per share in its upcoming report, which represents a year-over-year change of -30.4%. Revenues are expected to be $7.05 billion, down 14.3% 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 Paccar, the consensus EPS estimate for the quarter has been revised 1.5% lower over the last 30 days to the current level. And a negative trend in earning [Read more]

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