PCAR News and Press, PACCAR Inc. From 03/03/23

ACT Research said preliminary data showed that North American Class 8 truck orders in February were up 13% year-over-year and 27% month-over-month to 23,600 units. Classes 5-7 truck orders were down 11% year-over-year and off 2% month-over-month to 17,500 units. The comparisons this year ...

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Summary PCAR remains stable despite today’s bearish market. In fact, it delivered more vehicles than last year globally. However, demand outlook for Class 8 trucks appears to be slowing, and this could have a negative impact on PCAR's future margins. Despite short-term uncert...

Summary Given the real chance of a recession, companies and governments are likely starting to curtail spending on new investments in infrastructure. A recent survey found that nearly all CEOs are expecting some sort of recession in 2023. Such bearishness is a negative for Caterpill...

Paccar (NASDAQ: PCAR) beat estimates on both sales and earnings, and analysts believe the company can continue to outperform in 2023. That pushed shares of the truck manufacturer into the fast lane, with the stock up as much as 13% for the week, according to data provided by S&P Globa...

PACCAR, Inc. (PCAR) Q4 2022 Earnings Conference Call January 24, 2023 12:00 AM Company Participants Ken Hastings - Director, IR Preston Feight - CEO & Director Harrie Schippers - President & CFO Conference Call Participants David Raso - Evercore ...

PACCAR Inc. ( NASDAQ: PCAR ) broke higher in early trading on Tuesday after cruising past Q4 consensus marks. Revenue was up 22% during the quarter and net income set a company record at $921M. Pretax profit was up across the truck, parts, and financial services parts of the busin...

PACCAR press release ( NASDAQ: PCAR ): Q4 GAAP EPS of $2.64 beats by $0.44 . Revenue of $8.13B (+21.5% Y/Y) beats by $970M . PACCAR Parts revenue of $1.47 billion. Record PACCAR Parts pretax income of $379.5 million. Record PACCAR Financial Services pretax inco...

PACCAR ( NASDAQ: PCAR ) is scheduled to announce Q4 earnings results on Tuesday, January 24th, before market open. The consensus EPS Estimate is $2.20 (+49.7% Y/Y) and the consensus Revenue Estimate is $7.16B (+7.0% Y/Y). Over the last 1 year, PCAR has beaten EPS estimates ...