24.10.2023 14:06:54 - dpa-AFX: Paccar Inc. Announces Climb In Q3 Profit, Beats estimates
BELLEVUE (dpa-AFX) - Paccar Inc. (PCAR) revealed a profit for its third
quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $1.23 billion, or $2.34 per share. This compares
with $769.4 million, or $1.47 per share, in last year's third quarter.
Analysts on average had expected the company to earn $2.12 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 23.0% to $8.23 billion from $6.69
billion last year.
Paccar Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $1.23 Bln. vs. $769.4 Mln. last year.
-EPS (Q3): $2.34 vs. $1.47 last year.
-Analyst Estimate: $2.12
-Revenue (Q3): $8.23 Bln vs. $6.69 Bln last year.
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