PACCAR (PCAR) Tops Q1 EPS by 18c
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PACCAR Achieves Excellent Quarterly Revenues and Profits
April 26, 2022 8:00 AM EDTRecord Parts and Financial Services Performance Drives Results
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR reported excellent revenues and net income for the first quarter of 2022, said Preston Feight, chief executive officer. PACCAR Parts achieved record quarterly sales and profits as its outstanding operational performance enhanced uptime for customers. PACCAR Financial Services delivered record profitability due to excellent portfolio quality, strong new business volume and high used truck prices. I am very proud of our employees and their dedication to delivering the highest quality products and services to our customers.
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