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Paccar, Inc. (PCAR) Misses Q2 EPS by 3c, Increases Divided

July 26, 2011 8:01 AM
Paccar, Inc. (NASDAQ: PCAR) reported Q2 EPS of $0.65, $0.03 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $3.96 billion versus the consensus estimate of $3.6 billion.

PACCAR announced on July 11, 2011, that it increased its regular quarterly dividend by 50 percent, to eighteen cents ($.18) per share from twelve cents ($.12), for shareholders of record on August 18, 2011. The increased dividend will be paid September 6, 2011.

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Earnings