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 Inc. The Group's principal activity is to design, manufacture and distribute commercial trucks and related aftermarket parts. It operates in two segments: Trucks and Financial service. The Truck segment designs and manufactures light, medium and heavy-duty trucks and related parts. The Financial services segment provides finance and leasing products and services provided to truck customers and dealers. It also manufactures and markets industrial winches. The trademarks of the Group are Peterbilt, Kenworth, DAF, Braden, Carco, and Gearmatic. The Group has operations in the United States, UK, Netherlands, Australia, Mexico and Canada.

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.

Will PACCAR's Focus on Electrification Help Counter Headwinds?

Trucking Industry Leader PACCAR Is An Undervalued Gem In A Wild Market

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

Why Is Paccar (PCAR) Up 3.4% Since Last Earnings Report?

After an 80% rise since the March 23 lows of this year, at the current price of around $90 per share we believe PACCAR has reached its near term potential. PACCAR’s stock has rallied from $50 to $90 off the recent bottom compared to the S&P which moved 50%,with the resumption of economic activities.

PACCAR Fully Priced After 80% Rally

Why PACCAR shares soared last month despite dismal second-quarter numbers.

Electric Vehicles Helped Drive PACCAR Stock 13.5% Higher in July

Keep On Trucking With PACCAR

While the COVID-19 pandemic is hurting the trucking industry in the short-term, we believe the long-term growth of the industry remains intact and there's still value with this leading firm.

Keep On Trucking With PACCAR Inc.

Second-quarter sales plummeted at Daimler Trucks North America (DTNA) and PACCAR Inc.

DTNA, PACCAR Q2 Market Share Grows as Sales Plummet

PACCAR Inc. (NASDAQ: PCAR) isn't rushing electric trucks to market. But it says its Kenworth, Peterbilt and European DAF brands will sell them at the right time.

PACCAR Moves Deliberately On Electric And Driverless Trucks

PACCAR's (PCAR) CEO Preston Feight on Q2 2020 Results - Earnings Call Transcript

PACCAR Inc. (NASDAQ: PCAR) reported better-than-expected second-quarter profits and sales despite its U.S.

PACCAR beats estimates with solid Q2

PACCAR (PCAR) projects capex of $525-$575 million for the ongoing year.

PACCAR (PCAR) Q2 Earnings & Sales Beat Estimates, Down Y/Y

Paccar (PCAR) delivered earnings and revenue surprises of 38.71% and -7.92%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Tops Q2 Earnings Estimates

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq: PCAR) achieved good quarterly revenues and net income in the second quarter of 2020,” said Preston Feight, chief executive officer.

PACCAR Achieves Good Quarterly Revenues and Profits

PACCAR's (PCAR) lower orders for Class 8 trucks are likely to have dented revenues during the second quarter.

PACCAR (PCAR) to Report Q2 Earnings: What's in the Offing?

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Paccar (PCAR) Up 4.4% Since Last Earnings Report: Can It Continue?

PACCAR, Inc. (PCAR) CEO Preston Feight on Q1 2020 Results - Earnings Call Transcript

As the first major truck maker to report first-quarter earnings, PACCAR Inc. (NASDAQ: PCAR) recognized the toll the coronavirus pandemic took on revenue and profits but cast a generally upbeat view of its fortunes.

PACCAR Generally Upbeat Despite Pandemic

Paccar (PCAR) delivered earnings and revenue surprises of -14.88% and -5.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Q1 Earnings and Revenues Lag Estimates

PACCAR (PCAR) Q1 Earnings Miss Estimates, Sales Top, Down Y/Y

PACCAR Inc. (NASDAQ: PCAR) reported slowing but solid revenue and profits in the first quarter despite shuttering its truck manufacturing plants in late March because of the coronavirus pandemic.

PACCAR Earnings Slow In First Quarter

Low orders for Class 8 trucks due to the outbreak of coronavirus are likely to have dented PACCAR's (PCAR) first-quarter 2020 revenues.

PACCAR (PCAR) Gearing Up for Q1 Earnings: What to Expect?

PACCAR Inc. (NASDAQ: PCAR) is recalling 455,458 trucks covering a dozen years of production because a blown fuse could prevent illumination of dashboard lights for antilock brakes or electronic stability control.

News for PACCAR Stock (PCAR)