PACCAR Achieves Record Quarterly Revenues and Profits

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PACCAR (PCAR) Tops Q1 EPS by 16c, Revenues Beat

April 30, 2019 8:02 AM EDT

PACCAR (NASDAQ: PCAR) reported Q1 EPS of $1.81, $0.16 better than the analyst estimate of $1.65. Revenue for the quarter came in at $6.49 billion versus the consensus estimate of $6.01 billion.

PACCAR reported record revenues and net income for the first quarter of 2019, said Ron Armstrong, chief executive officer. PACCAR delivered a record quarterly number of trucks, driven by Kenworth, Peterbilt and DAFs strong market... More