Rush Enterprises is set to announce earnings results on Tuesday afternoon. The commercial vehicle retailer reported revenues of $1.68 billion last quarter, down 9% year on year, missing analysts' revenue expectations. For the upcoming quarter, the market expects revenue to decline 2% year on year, an improvement from the 4.8% decrease in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days. Rush Enterprises shares are up 5.8% over the last month, heading into earnings with an average analyst price target of $85 compared to the current share price of $76.57.
Rush Enterprises A IncEarnings report upcoming with expected revenue decline, but shares up 5.8% over last month and analyst price target above current price.