PACCAR Provides Business Update
PACCAR Inc. (PCAR)
Last paccar inc. earnings: 1/28 08:00 am
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Source: Business Wire
BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc (Nasdaq: PCAR) is providing a business update in response to recent changes in customer demand and a weaker outlook for the global economy, as a consequence of the coronavirus pandemic.The Company will suspend truck and engine production at its factories worldwide from March 24 until April 6, 2020. The company will review future actions on a regular basis. PACCAR will continue to provide aftermarket support to its customers who deliver essential infrastructure services to our communities.PACCAR’s financial results for the first quarter and the remainder of 2020 will be impacted by lower production schedules due to changes in customer demand and the impact of government regulations or mandates. The Company will provide an update on its 2020 outlook and first quarter results during the earnings call scheduled for April 21, 2020.The Company is in a strong financial position, with excellent liquidity and investment-grade credit ratings of A
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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