Problems of high inventory and frequent recalls are likely to hit the auto stocks in the second quarter.
High inventory, frequent recalls, plans of exiting the NAFTA treaty and implementation of tariffs likely to affect performance of auto companies this earnings season.
Increasing market share of PACCAR (PCAR) led to a beat in Q2 earnings. The company also raised its volume sales expectations.
With sizeable market share and active capital deployment policy PACCAR (PCAR) Beat Q2 Estimates.
Safety recalls, plans of exiting the NAFTA treaty and implementation of tariffs will likely affect the performance of auto companies.
PACCAR (PCAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
PACCAR (PCAR)'s expansion plans, global existing market share, active capital deployment, strategic investments and efforts to grow productivity plus capacity at the plant might drive earnings in Q2.
Genuine Parts (GPC) has undertaken various initiatives to boost sales and earnings, such as product-line expansion, penetration into new markets and cost-saving activities.
Harley-Davidson, Inc. (HOG) is set to report second-quarter 2017 results on Jul 18, before the market opens. Last quarter, the company had delivered an earnings beat of 6.06%
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