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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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 (PCAR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

PACCAR (PCAR): Strong Industry, Solid Earnings Estimate Revisions

Paccar (PCAR) reported earnings 30 days ago. What's next for the stock?

Why Is Paccar (PCAR) Down 1.2% Since Last Earnings Report?

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California ban on diesel opens new front in hydrogen vs. electric trucking battle

Kenworth and Peterbilt expect to sell a few hundred electric trucks in coming years. They will account for less than 1% of total revenue for parent PACCAR Inc. (NASDAQ: PCAR).

PACCAR puts charge into electric trucks with infrastructure plan

Kenworth and Peterbilt showed off real-world capability in driving battery-electric and hydrogen-powered fuel cell electric trucks to the 14,115-foot summit of Pikes Peak in Colorado. But a more meaningful lesson came in descending the mountain.

Rare air: Kenworth and Peterbilt electric trucks take on Pikes Peak

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR (Nasdaq: PCAR) announced today that a Kenworth T680 fuel cell electric vehicle and a battery electric Peterbilt Model 579EV became the first Class 8 zero emissions vehicles to drive to the 14,115 foot summit of Pikes Peak in Colorado. Both vehicles displayed superb power and exhibited excellent drivability over the 156 twisting turns and switchbacks during the 4,700-foot elevation gain to the summit. The trucks handily negotiated grades between 7 to 10 p

Kenworth and Peterbilt Zero Emissions Trucks Summit 14,115-Foot Pikes Peak; First Class 8 Electric Vehicles to Achieve Landmark Milestone

Shares of Paccar Inc. nudged higher into record territory Thursday, as Argus Research analyst Bill Selesky turned bullish on the truck maker and distributor in the wake of better-than-expected third-quarter results. The stock was up 0.2% in midday trading, and was just above the Oct. 19 record close of $91.06.

Paccar's stock edges up into record territory after Argus analyst turns bullish, lifts profit views

After more than an 80% rise from its March lows of this year, at the current price near $90 per share, we believe Paccar's stock is overvalued. Paccar, one of the largest manufacturers of medium- and heavy-duty trucks in the world, saw its stock increase from $50 to $90 since March 23rd compared.

Time For Paccar's Drive Higher To Slow?

PACCAR's (PCAR) CEO Preston Feight on Q3 2020 Results - Earnings Call Transcript

PACCAR (PCAR) records stellar earnings and revenues in Q3 and projects capital investment of $570-$600 million for the ongoing year.

PACCAR's (PCAR) Q3 Earnings & Sales Beat Estimates, Down Y/Y

Paccar (PCAR) delivered earnings and revenue surprises of 15.63% and 6.94%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Beats Q3 Earnings and Revenue Estimates

PACCAR Inc. (NASDAQ: PCAR) earnings per share fell 36.57% year over year to $1.11, which beat the estimate of $0.95. Revenue of $4,538 billion declined by 24.42% from the same period last year, which beat the estimate of $4,410 billion.

PACCAR Q3 earnings fall but beat estimate

Shares of Paccar Inc. surged 5.2% toward a record high in premarket trading Tuesday, after the truck maker reported third-quarter profit and revenue that beat expectations, amid surprise growth in parts revenue, and provided an upbeat full-year outlook. Net income fell to $385.5 million, or $1.11 a share, from $607.9 million, or $1.75 a share, in the year-ago period.

Paccar's stock surges toward a record after profit and revenue beats, upbeat outlook

Shares of PACCAR (NASDAQ:PCAR) moved higher by 2% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 36.57% year over year to $1.11, which beat the estimate of $0.95.

Recap: PACCAR Q3 Earnings

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq: PCAR) reported strong revenues and net income for the third quarter of 2020,” said Preston Feight, chief executive officer. “PACCAR's third quarter results reflect rebounding global truck production and aftermarket parts revenue. I am very proud of our outstanding employees who delivered these results while employing the highest commitment to health and safety at all PACCAR facilities.” PACCAR achieved net income of $385.5 million ($1.11 per di

PACCAR Achieves Strong Quarterly Revenues and Earnings

Amid gradual recovery of the industry during the third quarter, demand for Class 8 trucks is likely to have risen, thereby aiding PACCAR's (PCAR) earnings and sales.

Is PACCAR (PCAR) Poised to Surpass Q3 Earnings Estimates?

Roxana Bekemohammadi dreams of hydrogen ports. “Here's a bit of my ideal scenario,” Bekemohammadi told FreightWaves: “An ocean vessel docking at a port, with a mobile crane powered by hydrogen [hoisting cargo] onto a drayage truck powered by hydrogen and getting on a highway corridor supported by hydrogen infrastructure.

New alliance targets deployment of heavy-duty hydrogen vehicles

Kenworth will launch its first-ever Class 8 battery-electric truck in the U.S. and Canada in 2021, joining other major truck makers producing zero-emission heavy-duty models. The volume of orders across the industry likely will be small as fleets measure the total cost of ownership against the higher up-front purchase price of an electric truck.

Kenworth begins taking orders for Class 8 electric truck

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With the Q3 earnings season around the corner, we have chosen four auto stocks which carry a favorable Zacks Rank and VGM Score.

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BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR (Nasdaq: PCAR) Inc and several of its divisions - Peterbilt, Kenworth, PACCAR Parts and Dynacraft - were each honored as a 2020 “Top Company for Women to Work for in Transportation” by the Women in Trucking Association (WIT). Women in Trucking is a non-profit organization that encourages the employment and promotes the accomplishments of women in the trucking industry. WIT solicited nominations for companies with a culture that supports gender diversity,

PACCAR Recognized as a “Top Company for Women to Work for in Transportation”

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BOSTON, Sept. 21, 2020 /PRNewswire/ -- PACCAR is collaborating with Faith Technologies and Schneider Electric to provide a charging infrastructure package solution for customers that purchase battery electric Kenworth and Peterbilt heavy and medium duty trucks in the United States and...

PACCAR's New Partnership with Schneider Electric and Faith Technologies to Accelerate U.S. and Canadian Electric Truck Market

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR (Nasdaq: PCAR) is excited to collaborate with Faith Technologies and Schneider Electric to provide charging infrastructure solutions for customers who purchase industry-leading battery electric Kenworth and Peterbilt trucks in the United States and Canada. Kenworth and Peterbilt have recently begun taking customer orders for production model Kenworth K270E and the Peterbilt Model 220EV battery electric trucks, with additional production models to be intr

PACCAR Extends Zero Emissions Leadership with Schneider Electric and Faith Technologies to Provide Comprehensive Battery Charging Solutions

PACCAR's (PCAR) focus on development of electric and autonomous trucks, along with its solid financials, will help the company weather the short-term headwinds.

News for PACCAR Stock (PCAR)