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Stock impact report

Why PACCAR (PCAR) Shares Are Plunging Today [Yahoo! Finance]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
Company Research Source: Yahoo! Finance
revenue that fell short of analysts' expectations, posting an 8.9% year-over-year decline. The company's sales for the quarter came in at $6.78 billion, slightly below the consensus estimate of $6.82 billion. This marked the continuation of a recent trend, as PACCAR's revenue has fallen annually over the last two years. Despite the top-line miss, the quarter showed signs of operational strength. PACCAR's GAAP earnings per share of $1.15 was in line with expectations and represented an increase from $0.96 in the same quarter last year. Furthermore, the company demonstrated improved efficiency, with its operating margin expanding significantly to 16.3% from 10.3% a year ago. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy PACCAR? Access our full analysis report here, it's free What Is The Market Telling Us PACCAR's shares are not very volatile and have only had 5 moves greater than 5% ov Show less Read more
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