PACCAR (NASDAQ:PCAR) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.65 on revenue of $5.93B. Analysts polled by expected EPS of $1.53 on revenue of $5.74B. That compared to EPS of $1.18 on revenue of $5.45B in the same period a year earlier. The company had reported EPS of $1.55 on revenue of $5.42B in the previous quarter.
PACCAR shares gained 4.40% to trade at $64.00 in pre-market trade following the report.
PACCAR follows other major Consumer Cyclical sector earnings this month
On Thursday, Ford Motor reported fourth quarter EPS of $0.3 on revenue of $38.7B, compared to forecasts of EPS of $0.31 on revenue of $38.73B.
VF earnings beat analyst's expectations on January 18, with third quarter EPS of $1.31 on revenue of $3.94B. analysts expected EPS of $1.1 on revenue of $3.87B
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