| PCAR |
Report |
EPS |
BEAT |
pred ~$1.38 vs. cons $1.33 |
MEDIUM |
| PCAR |
Report |
Revenue |
IN-LINE |
pred ~$7.2B vs. cons $7.1B |
MEDIUM |
| PCAR |
Report |
Truck/Parts/Other gross margin |
BEAT |
pred ~13.9% vs. cons ~13.5% |
LOW |
| PCAR |
Guide |
Q3'26 global truck deliveries guide |
BETTER |
guide ~39-41k vs. cons ~37k (Q3'26) |
MEDIUM |
| PCAR |
Guide |
Q3'26 gross margin guide |
BETTER |
guide ~13.8% vs. cons ~13.5% (Q3'26) |
LOW |
| PCAR |
Guide |
FY26 US/Canada Class 8 market outlook |
BETTER |
guide ~250-270k vs. prior 230-270k (FY26) |
MEDIUM |
| PCAR |
Guide |
FY26 Parts sales growth |
UNCHANGED |
guide ~+3-6% vs. cons ~+3% (FY26) |
MEDIUM |
| PCAR |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.0% |
— |
MEDIUM |
| PCAR |
Return |
5-day cumulative residual |
-1.0% (STABILIZE) |
Likely modest EPS beat plus a genuinely upbeat 2H/EPA-27 pre-buy order narrative and an upward-biased Class 8 market outlook — fundamentally bullish. But the stock ran ~+7% in the week into the print (124->133) to fresh highs above sell-side targets, so positioning is stretched and the Q2/Q3 gross-margin step-up (~13.5-13.8%) is only modest and still below year-ago 13.9% with competitive pricing/tariff pass-through unresolved. That sets up a 'sell-the-news' day-1 dip (echoing Q1's ~6% drop). Over 5 days, positive 2027 order/pre-buy revisions and a raised market outlook cushion the pullback, so the initial dip stabilizes rather than snowballing, but out-period margin/mix math (lower-margin truck volume growing faster than Parts) caps upside revisions and keeps net residual mildly negative. |
LOW |