Jan. 28 at 1:28 PM
Earnings meet but consolidated revenue slips for
$PCAR — what's happening under the hood? 🤔
📉 Q4 earnings of
$1.06/share matched estimates but fell from
$1.66 YoY, with consolidated revenues down to
$6.8B from
$7.91B.
🚚 Truck segment saw deliveries drop to 32,900 units, impacting pre-tax income which plunged 81.2% YoY.
Full breakdown here 👇 https://www.zacks.com/stock/news/2824083/paccar-q4-earnings-match-estimates-revenues-decline-yy?cid=sm-stocktwits-2-2824083-body-30596&ADID=SYND_STOCKTWITS_TWEET_2_2824083_BODY_30596