Paccar Inc. set Q4 records for aftermarket parts and financial services while boosting new truck deliveries by 45% over Q3, all contributors to top- and bottom-line beats of analysts’ estimates in financial results.
The Bellevue, Washington-based parent of the Kenworth, Peterbilt and DAF truck brands said it earned $511.4 million, or $1.47 per diluted share, in the October-December 2021 period, 26% higher than the same quarter a year ago. Quarterly revenues of $6.69 billion outpaced the $5.57...
https://www.freightwaves.com/news/paccar-blows-away-top-and-bottom-lines-in-q4-financials