PACCAR (PCAR) Misses Q1 EPS by 17c, Revenues Beat
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PACCAR Achieves Good Quarterly Revenues and Profits
April 21, 2020 8:30 AM EDTParts Sales and Aftermarket Support Drives Results
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR (Nasdaq: PCAR) reported good revenues and net income for the first quarter of 2020, said Preston Feight, chief executive officer. First quarter truck deliveries were impacted by the temporary closures of PACCAR truck manufacturing facilities worldwide, which began March 24, resulting from government coronavirus mandates. PACCAR Parts achieved record results as they supported the shipment of medical supplies, food, infrastructure material and essential goods to our communities around the world. I am very proud of our employees, their... More
