PACCAR Q1 net income $1.20B ($2.27/sh); revenue $8.74B up 3% YoY; record Parts revenue $1.68B

PACCAR INC

2024-Q1 EPS reported $2.27 revenue$8,744,300,000

Q1 2024 net income $1.20B ($2.27 diluted EPS) vs Q1 2023 $733.9M ($1.40) which included a $446.4M after-tax litigation charge.
Revenue $8.74B vs $8.47B YoY, up 3.2%.
Record PACCAR Parts revenue $1.68B and record Parts pretax income $455.8M.
Cash from operations $1.47B; capex $164.3M; R&D $105.5M; stockholders' equity $16.87B.
PACCAR Financial Services pretax income $113.9M.

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 0.9

PACCAR INC reported the first quarter of 2024 results: revenue $8.74 billion, net income $1.20 billion ($2.27 per diluted share), EPS $2.27 per diluted share.

Period: the first quarter of 2024
Revenue: $8.74 billion
Net income: $1.20 billion ($2.27 per diluted share)
EPS: $2.27 per diluted share
Result: reported results

Exact text from the filing

PACCAR achieved quarterly revenues of $8.74 billion in the first quarter of 2024, compared to the $8.47 billion reported in the same period in 2023. The company achieved net income of $1.20 billion ($2.27 per diluted share) in the first quarter of 2024.

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Source: SEC EDGAR

accession 0000950170-24-050204

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