PACCAR Achieves Strong Quarterly Revenues and Earnings

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Go back to PACCAR Achieves Strong Quarterly Revenues and Earnings

PACCAR (PCAR) Tops Q3 EPS by 16c, Revenues Beat

October 20, 2020 8:02 AM EDT

PACCAR (NASDAQ: PCAR) reported Q3 EPS of $1.11, $0.16 better than the analyst estimate of $0.95. Revenue for the quarter came in at $4.94 billion versus the consensus estimate of $4.41 billion.

Financial Highlights Third Quarter 2020

Highlights of PACCARs financial results for the third quarter of 2020 include:

Net sales and revenues of $4.94 billion.Net income of $385.5 million.Global truck deliveries of 36,000 units.PACCAR Parts revenues of $1.02 billion.PACCAR Parts pre-tax income of $210.2 million.Financial Services pre-tax income of $55.5 million.Manufacturing cash... More