PACCAR (PCAR) breezes past Q3 earnings estimates on the back of higher-than-expected pretax income from Trucks, Parts and Trades Union. This week, they’ll be announced at a Q3 press conference to discuss the company’s plans for its C4-40.
In a few short weeks, the company will have increased its operating base across all other parts of the industry, and could be on the verge of increasing its earnings per share target of 20 percent by the end of June.
At the conference, Trucks chief executive Jack Welch called it an important step to make inroads on the company’s cash-marketing strategy.