PACCAR (PCAR) Tops Q4 EPS by 15c
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PACCAR Achieves Very Good Annual Revenues and Net Income
January 25, 2022 8:00 AM ESTPACCAR Parts and PACCAR Financial Services Achieve Record Profits
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR reported very good annual revenues and net income in 2021, said Preston Feight, chief executive officer. PACCARs results reflect record aftermarket parts and financial services profits. Customer demand for the new Kenworth, Peterbilt and DAF trucks introduced in 2021 is very strong. Kenworth, Peterbilt and DAF delivered 47,600 trucks in the fourth quarter, 45% higher than in the third quarter, reflecting an improvement in the global supply chain. I am very proud of our employees who have delivered outstanding trucks and transportation solutions... More
