earnings
confidence high
sentiment positive
materiality 0.85
PACCAR Q2 net income $492.9M ($1.41 EPS) up 234% YoY on record parts & finance results
PACCAR INC
2021-Q2 EPS reported
$2.76
revenue$11,689,400,000
- Net sales $5.84B (+91% YoY); net income $492.9M ($1.41 diluted EPS) vs $147.7M ($0.43) prior year.
- PACCAR Parts record quarterly revenue $1.21B, pretax $265.6M; Financial Services record pretax $106.5M.
- Global truck deliveries 40,100 units; 6,500 trucks awaiting components due to semiconductor shortage.
- Regular quarterly dividend of $0.34/share declared, payable Sept 8, 2021 to holders of record Aug 18.
- Capital investments estimated $550-600M, R&D $340-360M for 2021; new DAF models launched.