PACCAR (PCAR) Tops Q2 EPS by 2c
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PACCAR Achieves Very Good Quarterly Revenues and Profits
July 27, 2021 8:00 AM EDTPACCAR Parts Delivers Record Quarterly Sales and Profits
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR achieved very good revenues and net income in the second quarter of 2021, said Preston Feight, chief executive officer. PACCAR Parts achieved record quarterly sales and profits due to strong industry truck utilization, an increased number of Kenworth, Peterbilt and DAF trucks with the PACCAR Powertrain, and the growth of PACCAR Parts e-commerce platform. PACCAR Financial Services earned record quarterly profits due to excellent portfolio quality and strong used truck demand. I am very proud of our employees for delivering the highest quality... More
