Why The PACCAR Stock Increased 8.64% (PCAR)

By Amit Chowdhry ● Jan 25, 2023
  • The stock price of PACCAR (PCAR) increased by 8.64% in the most recent trading session. This is why.

The stock price of PACCAR (PCAR) increased by 8.64% in the most recent trading session.

Why: Q4 results

Results: PACCAR reported a Q4 EPS of $2.64, which was $0.44 higher than analyst estimates of $2.20. And the revenue for the quarter was $8.13 billion compared to the consensus estimate of $7.16 billion.