30.04.2024 14:20:12 - dpa-AFX: Paccar Inc. Profit Advances In Q1, Beats estimates
BELLEVUE (dpa-AFX) - Paccar Inc. (PCAR) announced earnings for its first
quarter that increased from the same period last year and beat the Street
estimates.
The company's bottom line came in at $1.20 billion, or $2.27 per share. This
compares with $733.9 million, or $1.40 per share, in last year's first quarter.
Analysts on average had expected the company to earn $2.20 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 2.4% to $8.24 billion from $8.05
billion last year.
Paccar Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $1.20 Bln. vs. $733.9 Mln. last year.
-EPS (Q1): $2.27 vs. $1.40 last year.
-Revenue (Q1): $8.24 Bln vs. $8.05 Bln last year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX