PACCAR reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.53 on revenue of $5.71B. Analysts polled by forecast EPS of $1.51 on revenue of $5.58B. That compared to EPS of $1.65 on revenue of $5.93B in the same period a year earlier. The company had reported EPS of $1.75 on revenue of $6B in the previous quarter.
PACCAR follows other major Consumer Cyclical sector earnings this month
On Thursday, VF reported third quarter EPS of $1.23 on revenue of $3.38B, compared to forecasts of EPS of $1.10 on revenue of $3,872M.
Whirlpool earnings beat analysts' expectations on Monday, with fourth quarter EPS of $4.91 on revenue of $5.38B. analysts expected EPS of $4.27 on revenue of $5.52B
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