PACCAR’s latest earnings report is set to drop Tuesday, with last quarter’s revenue down 8.9% to $6.78 billion—missing estimates—but EPS hit forecasts. This quarter, analysts expect flat revenue (a marked improvement from last year’s 14.4% drop), and PACCAR’s stock has surged over 10% in the past month despite broader heavy machinery sector weakness. While rivals like Wabtec soared and Greenbrier slumped, PACCAR’s momentum continues, trading near its $128.44 average analyst target.
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