PACCAR Earnings, Revenue beat in Q1 By Investing.com

PACCAR reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

PACCAR announced earnings per share of $1.35 on revenue of $5.41B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $5.38B.

PACCAR shares are up 8% from the beginning of the year and are trading at $93.40 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 8.83% from the start of the year.

PACCAR shares gained 0.06% in pre-market trade the report.

PACCAR follows other major Consumer Cyclical sector earnings this month

PACCAR’s report follows an earnings beat by Tesla on Tuesday, who reported EPS of $0.93 on revenue of $10.39B, compared to forecasts EPS of $0.7428 on revenue of $10.42B.

Genuine Parts had beat expectations on Thursday with first quarter EPS of $1.5 on revenue of $4.46B, compared to forecast for EPS of $1.14 on revenue of $4.3B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar