StockCall Study on Wabash and PACCAR: Truck Makers go for LNG Vehicles PR Newswire LONDON, February 25, 2013 LONDON, February 25, 2013 /PRNewswire/ -- Truck industry still feels the general economic headwinds. Despite improvement in macro and micro factors, the sector is still a little sluggish as shown by the latest earning reports made by the companies operating in the segment. Wabash National Corp. (NYSE: WNC) reported lower-than-expected revenue for the fourth quarter. Similarly, PACCAR Inc. (NASDAQ: PCAR) also reported lower revenue and Earnings per share. The sector is expected to improve on account of better economy and demand level. It is also trying to bank on the lower LNG prices by introducing new Natural Gas based models. StockCall free coverage on Wabash National and PACCAR Inc. is available upon registration at http://www.stockcall.com/register PACCAR Inc. Reports Q4 Results PACCAR Inc. declared 20 cents per share in dividend, raising its dividend yield to 1.71 percent. The company also recently announced its fourth quarter results. While its revenue surpassed the expectations, the company still lagged behind its past year's performance. Its revenue stood at $3.70 billion, beating analysts' expectations of $3.66, but 18 percent lower than $4.85 billion in revenue it had reported for the corresponding quarter of the last year. Similarly, its EPS also declined 21 percent to 69 cents per share, in-line with consensus estimates. However, its stock has performed better so far this year, up 3.65 percent. Register now and get access to the free analysis on PACCAR Inc. at http://www.StockCall.com/PCAR022513.pdf For its future guidance, the company expects its gross margin to decline marginally in comparison to the fourth quarter. While, the outlook may seem a little disappointing, the company stock itself is performing better than the previous year and recently hit its 52-week high. Going forward, the company is likely to benefit from a proposed one year extension to the accelerated depreciation program. The program allows the companies to deduct up to 50 percent of the cost of capital expenditure from their federal tax bill. PACCAR Inc. holds a leadership position on heavy duty truck industry. The company has added new energy efficient trucks to its fleet which may help the company to increase its revenue and improve profitability. Wabash National Corp. Announced Higher Margins Wabash National Corp. announced its fourth quarter revenue at $415.8 million, 22 percent higher than its previous year quarter's revenue of $341.7 million. However, it fell short of consensus estimate of $426.4 million in sales. The company reported massive increase in its EPS from 11 cents per share to 32 cents per share. It also surpassed analysts' expectations of 31 cents per share in net income. Download the free technical research on Wabash National Corp. by signing up at http://www.StockCall.com/WNC022513.pdf The main point of the company's earnings report was related to its overall margins, which showed considerable improvement. The company expects its first quarter revenue to be at $414.8 million and its EPS to be at 26 cents per share. Wabash National's stock is up 8 percent on a YTD basis and is expected to perform well as the company provided rosy outlook. Wabash National Corp. also shows good growth prospects as the company consolidates its position in the sector. It recently purchased some assets from Beall. The company is going through Chapter 11 bankruptcy proceedings and the deal is estimated to be worth $15 million. Wabash National Corp. will add these assets to its Walker Transport and Brenner Tank lines. About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
StockCall Study on Wabash and PACCAR: Truck Makers go for LNG Vehicles
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