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Zacks News
Factors Shaping the Fate of Cummins (CMI) This Earnings Season
by Zacks Equity Research
Projected declines in revenues from all major segments as well as rising capex and R&D expenses are likely to have hurt Cummins' (CMI) performance during the third quarter.
PACCAR (PCAR) Q3 Earnings Miss on Weak Profits From Trucks Unit
by Zacks Equity Research
PACCAR's (PCAR) Trucks segment posts Q3 pretax profit of $78.5 million, tanking 62.8% year over year. The reported figure also misses the consensus mark of $188 million.
Paccar (PCAR) Q3 Earnings Miss Estimates
by Zacks Equity Research
Paccar (PCAR) delivered earnings and revenue surprises of -10.74% and 5.58%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Auto Stocks' Q3 Earnings Roster for Oct 26: PCAR, PII & More
by Rimmi Singhi
For the third quarter, overall earnings for the auto sector are projected to be down 45.6% year over year.
Paccar (PCAR) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Paccar (PCAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What's in the Offing for PACCAR (PCAR) This Earnings Season?
by Zacks Equity Research
PACCAR (PCAR) estimates third-quarter 2021 deliveries to be 33,000 units, indicating an increase from 36,000 reported in the year-ago period but a decline from 40,100 in second-quarter 2021.
What Triggered Daimler's (DDAIF) Truck Division Spin-Off Decision?
by Zacks Equity Research
With Daimler's (DDAIF) truck division spin-off, the company plans to grow further and continue its dominance in alternative powertrains and automation.
Auto Stock Roundup: General Motors (GM) Dominates the Week's Top Stories
by Rimmi Singhi
General Motors (GM) hogs the limelight with ambitious growth plans laid out at its Investor Day. Read on for other important stories that made headlines last week.
Nikola (NKLA) Inks 2nd Deal With Tumim to Sell Up to $300M Stock
by Zacks Equity Research
Nikola's (NKLA) latest deal with Tumim scales up the initial agreement to issue and sell up to $300 million of Nikola stock to $600 million in total.
Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
by Zacks Equity Research
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Paccar (PCAR) is a Top-Ranked Value Stock: Should You Buy?
by Zacks Equity Research
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Nikola (NKLA), Iveco Unveil Plant in Germany for Electric Trucks
by Zacks Equity Research
The Nikola (NKLA)-Iveco manufacturing facility is ready to start production of the Nikola Tre electric heavy-duty trucks by the end of this year.
3 Domestic Auto Stocks That Might Survive the Chip Crisis
by Rimmi Singhi
Courtesy of strategic initiatives, stocks like FOXF, HOG, and NKLA might brave the challenges posed by the chip crunch, and high manufacturing and operating costs for the Domestic Auto industry.
CNH Industrial (CNHI) to Enhance Portfolio on Sampierana Acquisition
by Zacks Equity Research
The acquisition will enable CNH Industrial's (CNHI) Construction Equipment business to amalgamate Sampierana's mini and midi excavators, undercarriages and spare parts into its current portfolio.
Paccar (PCAR) Down 0.9% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Paccar (PCAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CNH Industrial (CNHI) Rallies 3.4% Since Q2 Earnings Beat, Ups View
by Zacks Equity Research
CNH Industrial (CNHI) projects net sales from industrial activities for 2021 to increase 24-28% year on year, up from the prior outlook of 14-18%.
3 Auto Stocks Likely to Zoom Past Q2 Earnings Estimates
by Rimmi Singhi
Per the latest Zacks Earnings Trends report, the auto sector is set to generate earnings of $5.2 billion in Q2. GM, TEN and LEA are lined up for an earnings beat for the to-be-reported quarter.
Auto Stock Roundup: Earnings Highlights of TSLA, F, PCAR, ORLY & LKQ
by Rimmi Singhi
Tesla (TSLA), Ford (F), PACCAR (PCAR), O'Reilly (ORLY), and LKQ Corp (LKQ) not just beat Q2 earnings estimates but also register year-over-year growth in sales and profits.
PACCAR's (PCAR) Q2 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
PACCAR's (PCAR) consolidated revenues (including trucks and financial services) total $5.84 billion, up from $3.06 billion recorded in the corresponding quarter of 2020.
Paccar (PCAR) Q2 Earnings Surpass Estimates
by Zacks Equity Research
Paccar (PCAR) delivered earnings and revenue surprises of 2.17% and -0.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Key Factors Aiding PACCAR's (PCAR) Fate This Earnings Season
by Zacks Equity Research
Robust contributions from the Truck and the Parts segments are likely to have aided PACCAR's (PCAR) bottom line during the June-end quarter.
Paccar (PCAR) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Paccar (PCAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Can AutoNation (AN) Maintain Its Earnings Beat Streak in Q2?
by Zacks Equity Research
Robust sales across all segments are anticipated to have boosted AutoNation's (AN) earnings in second-quarter 2021.
Key Predictions for Harley-Davidson's (HOG) Q2 Earnings
by Zacks Equity Research
The Zacks Consensus mark for revenues from Harley-Davidson's (HOG) Motorcycle & Related Products unit is pegged at $1,381 million for Q2, signaling whopping growth of 106.4% year over year.
Cummins (CMI) Initiates Testing of Hydrogen Engine, Ups Dividend
by Zacks Equity Research
The proof-of-concept test will help boost Cummins' (CMI) existing technology dominance in gaseous-fuel applications and powertrain, and will aid in advancing the hydrogen ecosphere.