Jul. 23 at 3:01 PM
Earnings beat but revenues slip for
$PCAR — what's the market missing?
Q2 EPS of
$1.37 beat estimates, but revenue fell to
$7.51B from
$8.77B in the same quarter last year.
Truck sales down significantly, impacting pre-tax income.
Parts and Financial Services segments showed growth compared to estimates.
Complete breakdown here 👉 https://www.zacks.com/stock/news/2607705/paccar-q2-earnings-surpass-expectations-sales-decline-yy?cid=sm-stocktwits-2-2607705-body-3341&ADID=SYND_STOCKTWITS_TWEET_2_2607705_BODY_3341