BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported second-quarter net income of $723.8 million.
On a per-share basis, the Bellevue, Washington-based company said it had net income of $1.37.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The truck maker posted revenue of $7.51 billion in the period. Its adjusted revenue was $6.96 billion, also topping Street forecasts. Six analysts surveyed by Zacks expected $6.79 billion.
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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
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