PACCAR

PACCAR, Inc. is a global technology company, which engages in the design and manufacture of light, medium, and heavy-duty trucks. It operates through the following segments: Truck, Parts and Financial Services. The Truck segment designs and manufactures heavy, medium, and light duty diesel trucks which are marketed under the Kenworth, Peterbilt, and DAF brands. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment provides finance and leasing products and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.

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Earnings data Q4 2024

PACCAR achieves record revenues and profits, eyes growth opportunities

PACCAR delivered exceptional financial performance in 2022, achieving record revenues and net income, with strong performance across its truck, parts, and financial services divisions.
The company's focus on premium pricing, electric vehicles, and connected vehicles positions it well for future growth opportunities, while challenges in the supply chain and market uncertainties require strategic management.
Opportunities lie in the electric vehicle market, used truck segment, and connected vehicles, offering avenues for revenue growth and market expansion, supported by a commitment to innovation and customer service.
Overall, PACCAR's strong financial position, shareholder returns, and strategic investments underscore its resilience and potential for continued success in a dynamic industry landscape.

PACCAR reports record Q1 earnings, eyes global market expansion

PACCAR delivered exceptional financial results in Q1 2023, with record revenues and net income. The company's strong performance in its Truck, Parts, and Financial segments highlights its resilience and strategic focus on customer value creation.

PACCAR achieves record Q2 earnings, eyes hydrogen trucks for growth

PACCAR's Q2 2023 performance reflects robust revenue and profit growth, driven by strong operational metrics and strategic investments.
While facing challenges like economic uncertainties and supply chain disruptions, PACCAR is well-positioned to capitalize on growth opportunities.
The company's focus on innovation, efficiency, and customer service underscores its commitment to long-term success and market leadership.
With a solid financial foundation and a proactive approach to emerging technologies, PACCAR is poised for continued growth and profitability.

PACCAR reports record Q3 earnings, eyes growth amid challenges

PACCAR's Q3 performance reflects a robust financial position, driven by strong margins, revenue growth, and strategic investments. While facing challenges in rising expenses and supply constraints, the company's strengths in efficient capital utilization and market adaptability position it well for future opportunities and sustained growth.

PACCAR achieves record-breaking earnings, eyes growth in electric vehicles

PACCAR's Q4 2023 earnings call highlighted exceptional financial performance, strong market outlooks, and strategic growth plans. The company's focus on efficiency, customer service, and shareholder value has led to record-breaking results. Challenges in cost management and inflation are being addressed through pricing strategies and efficiency improvements.

PACCAR excels in Q1, eyes growth amid investment challenges

PACCAR's strong financial performance, efficient operations, and strategic positioning indicate a promising outlook for the company.
While facing challenges in significant investments, PACCAR is leveraging opportunities in market growth and technological advancements.
Overall, PACCAR's focus on innovation, expansion, and financial strength positions it well for sustained success in the industry.

PACCAR excels in Q2 earnings, eyes growth through strategic ventures

PACCAR's strong financial performance and market share gains underscore its competitive position.
Strategic initiatives like the battery joint venture and focus on premium products enhance long-term prospects.
Addressing challenges in softer markets and competitive pricing will be key to sustaining growth.
Balancing investments in innovation and market expansion can drive profitability and resilience.

PACCAR reports robust Q3 earnings, eyes growth amid market uncertainties

PACCAR's Q3 performance reflects strong financial results and market share gains. While uncertainties in market estimates and operational challenges exist, the company's strategic investments and competitive position offer growth opportunities. Analyst inquiries during the call focused on key industry dynamics and future strategies.

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PACCAR: Keeps On Truckin' (Technical Analysis)

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Strong quarter shows resilient demand for trucks while stock remains excellent value play

Bull of the Day: PACCAR (PCAR)

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PACCAR, Inc. (NASDAQ:PCAR ) Q3 2022 Earnings Conference Call October 25, 2022 12:00 PM ET Company Participants Ken Hastings - Director, IR Preston Feight - CEO Harrie Schippers - President & CFO Michael Barkley - SVP & Controller Conference Call Participants Chad Dillard - Bernstein Felix Boeschen - Raymond James Tami Zakaria - JPMorgan Steven Fisher - UBS Tim Thein - Citigroup Jamie Cook - Credit Suisse Stephen Volkmann - Jefferies David Raso - Evercore John Joyner - BMO Capital Markets Nicole DeBlase - Deutsche Bank Rob Wertheimer - Melius Research Jerry Revich - Goldman Sachs Michael Feniger - Bank of America Jeff Kauffman - Vertical Research Partners Matt Elkott - Cowen and Company Scott Group - Wolfe Research Operator Good morning, and welcome to PACCAR's Third Quarter 2022 Earnings Conference Call. All lines will be in a listen-only mode until the question-and-answer session.

PACCAR, Inc. (PCAR) Q3 2022 Earnings Call Transcript

Truck maker's record Q3 net income emboldens Q4 projections for improved results

Paccar continues to soar, sees only good times ahead

PACCAR (PCAR) breezes past Q3 earnings estimates on the back of higher-than-expected pretax income from Trucks, Parts and Financial Services segments.

PACCAR (PCAR) Q3 Earnings Top Estimates, Jump 109% Y/Y

Paccar (PCAR) delivered earnings and revenue surprises of 9.95% and 0.69%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Q3 Earnings Beat Estimates

Shares of Paccar Inc. PCAR, +2.05% rallied 2.3% toward a two-month high in premarket trading Tuesday, after the truck maker reported record third-quarter profit that doubled and revenue that climbed above expectations, as "strong" used truck prices helped provide a boost. Net income rose to $769.4 million, or $2.21 a share, from $380.5 million, or $1.09 a share, in the year-ago period.

Truck maker Paccar stock rallies more than 2% after profit doubled to a record, beating expectations

PACCAR Achieves Record Quarterly Earnings New Truck Models and Record PACCAR Parts Profits Drive Results

Paccar Inc. is recalling 75,492 late-model Peterbilt and Kenworth trucks because the digital dash can freeze, preventing the system from updating and increasing the chance of a crash. About 1% of recalled trucks probably have the issue, Paccar told the National Highway Traffic Safety Administration.

Paccar recalls 76,492 trucks because digital dash can freeze

Paccar (PCAR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Paccar (PCAR) Could Beat Earnings Estimates Again

The Zacks Consensus Estimate for PACCAR's (PCAR) Q3 earnings per share and revenues is pegged at $2 and $6.75 billion, respectively.

What's in the Cards for PACCAR (PCAR) This Earnings Season?

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Paccar (PCAR) is a Top-Ranked Value Stock: Should You Buy?

PACCAR is one of the largest truck manufacturers in the world. They already offer electric versions of some of the models and will continue to innovate.

Paccar: Slightly Undervalued And Well Prepared For An Electric Future

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Paccar Inc. PCAR, -2.43% said Tuesday it will raise its quarterly dividend by 8.8%, 37 cents a share from 34 cents a share. The maker of trucks, under brands including Kenworth and Peterbilt, said the new dividend will be payable Dec. 6 to shareholders of business on Nov. 15.

Paccar raises dividend, to boost yield above the S&P 500's implied yield

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BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR will work with Cummins Inc. to offer the new Cummins X15N natural gas engine in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be specifically designed for heavy-duty truck applications with up to 500 horsepower output. The engine will include the integration of the Cummins Clean Fuel Technologies fuel delivery system. “PACCAR can help customers achieve their business goals by offering sustainable, affordable power solutions t

PACCAR to Offer Cummins X15N Natural Gas Engine

Paccar Inc., the parent company of Kenworth Trucks and Peterbilt Motors, is recalling 54 models of medium- and heavy-duty trucks — more than 50,000 units in the U.S. and Canada — assembled in the last year. Faulty assembly of steering gears can result in fractures leading to a possible crash.

Paccar recalls 54 Kenworth, Peterbilt models for possible steering gear fractures

Paccar (PCAR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Paccar (PCAR) Upgraded to Buy: Here's What You Should Know

PACCAR Inc. (NASDAQ:PCAR ) Q2 Results Conference Call July 26, 2022 12:00 PM ET Company Participants Ken Hastings - Director of IR Preston Feight - CEO Harrie Schippers - President & CFO Michael Barkley - SVP & Controller Conference Call Participants Robert Wertheimer - Melius Research Jerry Revich - Goldman Sachs Steven Fisher - UBS Matt Elkott - Cowen Steve Volkmann - Jefferies Dylan Guggenheim - Morgan Stanley Jeff Kauffman - Vertical Research Partners Tami Zakaria - JPMorgan Tim Thein - Citi Felix Boeschen - Raymond James David Raso - Evercore ISI Operator Good morning, and welcome to PACCAR's Second Quarter 2022 Earnings Conference Call. All lines will be in a listen-only mode until the question and answer session.

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