earnings
confidence high
sentiment negative
materiality 0.85
PACCAR Q3 net income $972M ($1.85 EPS) vs $1.23B ($2.34) YoY; revenue down 5%
PACCAR INC
2024-Q3 EPS reported
$6.25
revenue$25,756,300,000
- Q3 net income $972.1M ($1.85 diluted EPS) vs $1.23B ($2.34) a year ago, down 21%.
- Revenue $8.24B vs $8.70B, a 5.3% decrease; global truck deliveries 44,900 units.
- Parts segment revenue $1.66B, pretax income $406.7M; Financial Services pretax $106.5M.
- Nine-month 2024 net income $3.29B vs adjusted $3.63B in 2023 (excl. $446M litigation charge).
- Cash from operations $1.29B in Q3; stockholders' equity $18.66B.