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auto-tires-trucks: Archive

Zacks Equity Research

Investors Await For Key Fed FOMC Decision

Investors Await For Key Fed FOMC Decision.

BANegative Net Change FNegative Net Change QCOMPositive Net Change HUMNegative Net Change ETSYPositive Net Change METAPositive Net Change

Zacks Equity Research

Autoliv (ALV) Q2 Earnings Top, Operating Margin View Raised

Autoliv (ALV) now forecasts full-year 2022 adjusted operating margin within 6-7%, up from the prior forecast of 5.5-7%

ALVNegative Net Change CVGIPositive Net Change GTXNegative Net Change

Zacks Equity Research

Genuine Parts' (GPC) Q2 Earnings Maintain Beat Streak

Genuine Parts (GPC) puts up a stellar Q2 show, with earnings and sales surpassing estimates as well as rising year over year. Encouragingly, the company also lifts its 2022 view.

GPCPositive Net Change CVGIPositive Net Change GTXNegative Net Change

Zacks Equity Research

Company News for Jul 27, 2022

Companies in The News Are: GM, KO, MCD, ADM.

KOPositive Net Change MCDPositive Net Change ADMPositive Net Change GMNegative Net Change

Zacks Equity Research

Toyota (TM) Halts New Harrier SUV Orders Over Output Delays

Toyota (TM) halts the orders for its Harrier SUV due to delays in production that have been brought about by supply snarls. Customers will have to switch to the upcoming improved version.

TMPositive Net Change AXLPositive Net Change SMPNegative Net Change PRTSPositive Net Change

Zacks Equity Research

PACCAR (PCAR) Q2 Earnings & Sales Beat Estimates, Grow Y/Y

PACCAR (PCAR) forecasts 2022 capex and R&D expenses in the band of $425-$475 million and $330-$350 million, respectively.

PCARPositive Net Change CVGIPositive Net Change GTXNegative Net Change

Zacks Equity Research

General Motors (GM) Q2 Earnings Snap Beat Streak, Revenues Up

General Motors (GM) Q2 earnings miss amid lower-than-expected revenues from North America, International and Financial segments.

GMNegative Net Change CVGIPositive Net Change GTXNegative Net Change

Zacks Equity Research

LKQ Q2 Earnings Coming Up: What Should Investors Expect?

The Zacks Consensus Estimate for LKQ's Q2 earnings and revenues is pegged at $1.02 per share and $3.39 billion, respectively.

MGANegative Net Change LEANegative Net Change OSKNegative Net Change LKQNegative Net Change

Zacks Equity Research

Can Penske (PAG) Maintain Its Beat Streak in Q2 Earnings?

The Zacks Consensus Estimate for Penske's (PAG) Q2 earnings per share and revenues is pegged at $4.38 and $7.06 billion, respectively.

PAGNegative Net Change MGANegative Net Change LEANegative Net Change OSKNegative Net Change

Sejuti Banerjea

Tesla Beat on Earnings, But There's More to the Story

Breaking down analyst estimates shows that Tesla's strong earnings beat was helped by better-than-expected leasing, regulatory credits and a strong services business while the shutdown in China and production constraints impacted a very strong auto business.

TSLAPositive Net Change VRMNegative Net Change

Zacks Equity Research

Things to Consider Ahead of O'Reilly's (ORLY) Q2 Earnings

The Zacks Consensus Estimate for O'Reilly's (ORLY) Q2 earnings and revenues is pegged at $8.99 per share and $3.71 billion, respectively.

ORLYNegative Net Change MGANegative Net Change LEANegative Net Change OSKNegative Net Change

Zacks Equity Research

Can Ford's (F) North America Unit Give Its Q2 Earnings a Boost?

The consensus mark for Ford's (F) revenues from North America is pegged at $23.4 billion, implying an uptick of 56% and 4.9%, on a yearly and sequential basis, respectively.

FNegative Net Change MGANegative Net Change LEANegative Net Change OSKNegative Net Change

Zacks Equity Research

Markets Wait For Fed FOMC, Big Tech Earnings and Economic Data

Markets Wait For Fed FOMC, Big Tech Earnings and Economic Data.

BANegative Net Change AMZNPositive Net Change FNegative Net Change AAPLPositive Net Change MSFTNegative Net Change CVXPositive Net Change XOMPositive Net Change PFENegative Net Change GOOGLNegative Net Change METAPositive Net Change

Zacks Equity Research

Honda (HMC) Japan Cuts Production by up to 30% on Supply Issues

Honda (HMC) announces a production cut in Japan by up to 30%. This decision is in the light of ongoing chip crisis and supply-chain issues that are ravaging the auto industry.

TMPositive Net Change HMCPositive Net Change AXLPositive Net Change SMPNegative Net Change

Zacks Equity Research

Gentex (GNTX) Dips 8% on Q2 Earnings Miss & Tepid Guidance

Gentex (GNTX) now forecasts 2022 net sales in the band of $1.87-$1.97 billion, lower than the previous guided range of $1.87-$2.02 billion.

CVGIPositive Net Change GNTXPositive Net Change GTXNegative Net Change

Mark Vickery

Big Week for Q2 Earnings, Economic Data

This will be the biggest week for stock market data -- economic prints and Q2 earnings -- so far.

BANegative Net Change AMZNPositive Net Change FNegative Net Change AAPLPositive Net Change MSFTNegative Net Change CVXPositive Net Change XOMPositive Net Change PFENegative Net Change GOOGLNegative Net Change METAPositive Net Change

Zacks Equity Research

Ford (F) Announces Ambitious EV Plans to Cater to Demand Surge

Ford (F) comes with a detailed and ambitious EV plan to scale up battery capacity and raw materials. It also targets for 600K run rate by 2023 and 2 million EVs by 2026.

FNegative Net Change AXLPositive Net Change SMPNegative Net Change PRTSPositive Net Change

Zacks Equity Research

AutoNation (AN) Beats on Q2 Earnings, Announces $1B Buyback

AutoNation (AN) delivers an impressive earnings performance in Q2 '22, with the bottom line beating estimates. Revenues shrink slightly on a year-over-year basis. It announces a buyback boost of $1 billion.

ANNegative Net Change AXLPositive Net Change SMPNegative Net Change PRTSPositive Net Change

Zacks Equity Research

PACCAR's (PCAR) Q2 Earnings Coming Up: What's in Store?

The Zacks Consensus Estimate for PACCAR's (PCAR) Q2 earnings and revenues is pegged at $1.80 per share and $6.51 billion, respectively.

BWANegative Net Change PCARPositive Net Change LEANegative Net Change ALSNNegative Net Change

Zacks Equity Research

Stock Market News for Jul 22, 2022

U.S. stocks closed sharply higher on Thursday, driven by a rally in tech stocks and a fresh batch of impressive earnings results that offset weak economic data.

AMZNPositive Net Change AAPLPositive Net Change TSLAPositive Net Change EAPositive Net Change SPBPositive Net Change

Zacks Equity Research

What's in Store for Genuine Parts (GPC) This Earnings Season?

The Zacks Consensus Estimate for Genuine Parts' (GPC) Q2 earnings and revenues is pegged at $2.02 and $5.27 billion, respectively.

GPCPositive Net Change BWANegative Net Change LEANegative Net Change ALSNNegative Net Change

Derek Lewis

Can These 3 Automakers Shift Into High Gear Post-Earnings?

The Zacks Auto, Tires and Trucks Sector has been hit hard throughout 2022, decreasing nearly 30% in value. However, the sector has a solid 8.6% return over the last month.

FNegative Net Change TMPositive Net Change GMNegative Net Change

Zacks Equity Research

Lithia's (LAD) Q2 Earnings & Sales Lag Estimates, Increase Y/Y

Lithia (LAD) reports earnings and sales miss in second-quarter 2022 results. However, sales increase year over year. The company announces a dividend payout of 42 cents.

AXLPositive Net Change SMPNegative Net Change LADPositive Net Change DOOOPositive Net Change

Zacks Equity Research

General Motors (GM) Queues Up for Q2 Earnings: Factors at Play

The Zacks Consensus Estimate for General Motors' (GM) Q2 earnings and revenues is pegged at $1.56 per share and $36.54 billion, respectively.

GMNegative Net Change LEANegative Net Change DRVNNegative Net Change

Zacks Equity Research

Tesla (TSLA) Earnings Beat Estimates in Q2, Revenues Up Y/Y

Tesla (TSLA) comes out with robust revenue growth in second-quarter 2022, amid a tough market and an intense chip crisis. Its earnings surpass the consensus estimate.

AXLPositive Net Change SMPNegative Net Change TSLAPositive Net Change DOOOPositive Net Change