Headquartered in Bellevue, Washington, PACCAR Inc. (PCAR) is a global leader in the design, manufacture, and support of premium commercial trucks. With a market cap of $63.8 billion, the company operates through three primary segments: Truck, Parts, and Financial Services, serving customers in more than 100 countries worldwide.
The industrial giant is set to announce its Q2 results before the market opens on Tuesday, July 28. Ahead of the event, analysts expect PACCAR to report a profit of $1.32 per share, down 3.7% from $1.37 per share reported in the year-ago quarter. On the bright side, the company has matched or surpassed Wall Street’s bottom-line projections in each of the past four quarters.
