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Investing.com - PACCAR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
PACCAR announced earnings per share of $0.43 on revenue of $2.7B. Analysts polled by Investing.com EPS of $0.3 on revenue of $2.95B.
PACCAR 's are down 0% and is trading at $80.00 , still down 3.12% from its 52 week high of $82.25 set on Wednesday, November 27, 2019.
PACCAR shares gained 0.40% to trade at $80.00 in pre-market trade the report.
PACCAR follows other major Consumer Cyclical sector earnings this month
PACCAR's report follows an earnings missed by Nike on Thursday, June 25, 2020, who reported EPS of $-0.51 on revenue of $6.31B, EPS of $0.09 on revenue of $7.3B.
AB Electrolux had beat expectations on Friday with second quarter EPS of $-0.11 on revenue of $2.6B, for EPS of $-0.42 on revenue of $2.51B.
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