Paccar: Q3 Earnings Snapshot

BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported third-quarter earnings of $972.1 million.

The Bellevue, Washington-based company said it had net income of $1.85 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.

The truck maker posted revenue of $8.24 billion in the period. Its adjusted revenue was $7.7 billion, also topping Street forecasts. Six analysts surveyed by Zacks expected $7.57 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCAR at https://www.zacks.com/ap/PCAR

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up