PACCAR Achieves Excellent Quarterly Revenues and Profits
PACCAR Inc. (PCAR)
Last paccar inc. earnings: 1/28 08:00 am
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Source: Business Wire
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR achieved excellent revenues and net income in the third quarter of 2024,” said Preston Feight, chief executive officer. “PACCAR’s truck and Parts operations achieved robust quarterly sales and profits due to industry-leading trucks and strong aftersales performance. PACCAR Financial Services achieved good results due to its high quality portfolio. I am very proud of our employees for producing the highest quality trucks and transportation solutions for our customers.”This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022154137/en/DAF Trucks at the IAA Truck Show (Photo: Business Wire)PACCAR achieved net income of $972.1 million ($1.85 per diluted share) in the third quarter of this year compared to $1.23 billion ($2.34 per diluted share) earned in the same period last year. Third quarter revenues were $8.24 billion, compared to $8.70 billion reported in the third quarter of 2023.
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PCAR
News
- Paccar (PCAR) Up 6% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- PACCAR Inc (NASDAQ: PCAR) had its price target raised by analysts at Citigroup Inc. from $110.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Nebraska files antitrust lawsuit against heavy-duty truck manufacturers over EV push [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nebraska files antitrust lawsuit against heavy-duty truck manufacturers over EV push [Yahoo! Finance]Yahoo! Finance
- PACCAR Inc (NASDAQ: PCAR) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $129.00 price target on the stock, up previously from $99.00.MarketBeat
PCAR
Earnings
- 10/22/24 - Beat
PCAR
Sec Filings
- 11/4/24 - Form 8-K
- 11/1/24 - Form 4
- 11/1/24 - Form 144
- PCAR's page on the SEC website