PACCAR reports record Q3 net income of $1.23B ($2.34 EPS), revenue up 23% YoY to $8.70B

PACCAR INC

2023-Q3 EPS reported $6.07 revenue$26,050,800,000

Net income $1.23B, $2.34 diluted EPS, up 60% from $769M ($1.47) in Q3 2022.
Revenue $8.70B, up 23% from $7.06B in Q3 2022.
Truck, Parts & Other gross margin 19.5%; global truck deliveries 50,100 units.
PACCAR Parts revenues $1.58B, pretax $412.3M; Financial Services pretax $133.8M.
Board declared $0.27 regular quarterly dividend, payable Dec 6, record Nov 15.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PACCAR INC reported third quarter of 2023 results: revenue $8.70 billion, net income $1.23 billion ($2.34 per diluted share), EPS $2.34 per diluted share.

Period: third quarter of 2023
Revenue: $8.70 billion
Net income: $1.23 billion ($2.34 per diluted share)
EPS: $2.34 per diluted share
Result: reported results

Exact text from the filing

per diluted share) in the third quarter of this year, 60% higher than the $769 million ($1.47 per diluted share) earned in the same period last year. Third quarter revenues were $8.70 billion, 23% higher than the $7.06 billion reported in the third quarter of 2022. PACCAR reported net income of $3.18 billion ($6.07 per diluted share) for the first nine months of 2023,

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Source: SEC EDGAR

accession 0000950170-23-054708

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