PACCAR (PCAR) Tops Q1 EPS by 8c, Revenues Beat
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PACCAR Achieves Very Good Quarterly Revenues and Profits
April 27, 2021 8:00 AM EDTPeterbilt and Kenworth Launch Next Generation Heavy- and Medium-Duty Trucks
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR (Nasdaq: PCAR) reported very good revenues and net income for the first quarter of 2021, said Preston Feight, chief executive officer. PACCAR Parts achieved record quarterly sales and profits due to robust freight activity, high truck utilization, investments in distribution and innovative technology such as its e-commerce platform. PACCAR Financial Services increased its profitability due to excellent portfolio quality and strong used truck demand. I am very proud of our employees and their dedication... More
