secwatch.observer — SEC 8-K summary
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Issuer:     PACCAR INC (PCAR)
CIK:        0000075362
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001564590-21-051843
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PACCAR Q3 net income $377.7M ($1.08 EPS) vs $385.5M ($1.11) a year ago; record Parts and Financial Services profits
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- Net income $377.7M ($1.08 diluted EPS) down 2% from $385.5M ($1.11); revenues $5.15B up 4.3% from $4.94B.
- Record PACCAR Parts pretax income $280.8M (+34%); record Financial Services pretax income $120.1M (+116%).
- Global truck deliveries 32,800 units; semiconductor shortage reduced deliveries by ~7,000 vehicles.
- U.S./Canada Class 8 truck market estimated 230K–250K units in 2021; 250K–290K in 2022; Europe 260K–280K in 2021.
- Capital investments estimated $525M–$550M in 2021; R&D $320M–$330M; 2022 capex $425M–$475M and R&D $350M–$400M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75362/000156459021051843/0001564590-21-051843-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75362/000156459021051843/pcar-8k_20211026.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-051843

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