PACCAR reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.75 on revenue of $6.00B. Analysts polled by expected EPS of $1.65 on revenue of $5.95B. That compared to EPS of $1.55 on revenue of $5.42B in the same period a year earlier. The company had reported EPS of $1.78 on revenue of $6.27B in the previous quarter.
PACCAR follows other major Consumer Cyclical sector earnings this month
On September 24, Nike reported first quarter EPS of $0.86 on revenue of $10.66B, compared to forecasts of EPS of $0.7 on revenue of $10.44B.
AutoZone earnings beat analysts' expectations on September 24, with fourth quarter EPS of $22.59 on revenue of $3.75B. analysts expected EPS of $21.77 on revenue of $3.93B
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