PACCAR (PCAR) Declares $0.32 Quarterly Dividend; 1.9% Yield
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PACCAR (PCAR) Misses Q1 EPS by 17c, Revenues Beat
April 21, 2020 8:32 AM EDTPACCAR (NASDAQ: PCAR) reported Q1 EPS of $1.03, $0.17 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $5.16 billion versus the consensus estimate of $4.9 billion.
Highlights First Quarter 2020
Highlights of PACCARs financial results during the first quarter of 2020 include:
Consolidated net sales and revenues of $5.16 billion.Net income of $359.4 million.PACCAR Parts revenues of $998.6 million and pretax profits of $214.7 million.PACCAR Financial Services revenues of $383.7 million and pretax profits of $48.3 million.Research and development expenses of $71.0 million.Capital investments of $177.1 millionCash flow from operations of... MoreCiti Upgrades PACCAR (PCAR) to Buy
April 20, 2020 4:28 AM EDTCiti analyst Timothy Thein upgraded PACCAR (NASDAQ: PCAR) from Neutral to Buy with a price target of $80.00 (from $65.00).
For an analyst ratings summary and ratings history on PACCAR click here. For more ratings news on PACCAR click here.
Shares of PACCAR closed at $67.65 yesterday.
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