PACCAR's (PCAR) Q2 Pre-Tax Profit From Trucks Unit Lags Estimates
PCARPACCAR(PCAR) ZACKS·2024-07-24 03:40

PACCAR Inc. (PCAR) recorded earnings of $2.13 per share for the second quarter of 2024, which lagged the Zacks Consensus Estimate of $2.15 per share and also declined from $2.33 per share recorded in the year-ago period. The underperformance mainly stemmed from lower pretax profit from the Trucks and Financial Services segment.Consolidated revenues (including trucks and financial services) came in at $8.77 billion, down from $8.88 billion in the corresponding quarter of 2023. Sales from Trucks, Parts and Ot ...