PACCAR Q3 Earnings Beat Expectations, Revenues Decline Y/Y

PACCAR Inc. (PCAR) recorded earnings of $1.85 per share for the third quarter of 2024, which beat the Zacks Consensus Estimate of $1.82 but declined from $2.34 per share recorded in the year-ago period. Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Consolidated revenues (including trucks and financial services) came in at $8.24 billion, down from $8.70 billion in the corresponding quarter of 2023. Sales from Trucks, Parts and Others were $7.7 billion.Key TakeawaysRevenues from the ...