BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported fourth-quarter earnings of $556.9 million.
On a per-share basis, the Bellevue, Washington-based company said it had profit of $1.06.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.06 per share.
The truck maker posted revenue of $6.82 billion in the period. Its adjusted revenue was $6.25 billion, topping Street forecasts. Five analysts surveyed by Zacks expected $6.08 billion.
For the year, the company reported profit of $2.38 billion, or $4.51 per share. Revenue was reported as $26.24 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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