PACCAR Achieves Good Annual Revenues and Net Income

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Go back to PACCAR Achieves Good Annual Revenues and Net Income

PACCAR (PCAR) Misses Q4 EPS by 5c, Revenues Beat

January 26, 2021 8:02 AM EST

PACCAR (NASDAQ: PCAR) reported Q4 EPS of $1.17, $0.05 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $5.57 billion versus the consensus estimate of $5.14 billion.

Highlights of PACCARs financial results during the fourth quarter of 2020 include:

Consolidated net sales and revenues of $5.57 billion.Net income of $405.8 million.Record quarterly PACCAR Parts revenue of $1.07 billion.Record quarterly PACCAR Parts pretax income of $222.5 million.PACCAR Financial Services pretax income of $63.8 million.PACCAR invested $202.4 million in capital projects and research and development.

PACCAR is investing in... More