PACCAR (PCAR) Tops Q3 EPS by 23c
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PACCAR Achieves Record Quarterly Earnings New Truck Models and Record PACCAR Parts Profits Drive Results
October 25, 2022 8:00 AM EDTBELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR achieved record net income for the third quarter of 2022, said Preston Feight, chief executive officer. PACCARs third quarter results reflect the strong demand for premium, fuel-efficient DAF, Peterbilt and Kenworth new truck models and record PACCAR Parts results. PACCAR Parts reported record quarterly sales and profits due to industry-leading technology and logistics performance that enhanced customer uptime. PACCAR Financial Services delivered excellent results due to its high quality portfolio and strong used truck prices. I am very proud of our employees for delivering the highest quality trucks and transportation solutions to our... More
