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PACCAR beats consensus with $7.937 billion in Q3 revenue

Earnings Whispers · ·by G4L

PCAR Paccar Inc
$108.13 +2.42%
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  1. 1PACCAR's Q3 revenue of $7.937 billion was 5.0% above the consensus of $7.56 billion.
  2. 2PACCAR's Q3 earnings per share (EPS) of $1.61 represented a 1.3% surprise relative to the whisper number.
  3. 3Management provided a Q4 gross margin guidance of 14-15%, citing manufacturing inefficiencies due to missing supplier parts.

So what's the key point?

PACCAR's third-quarter revenue was 5.0% higher than what experts expected. This means the company earned more money than anticipated.

Source Earnings Whispers · View original ↗

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