Paccar: Q1 Earnings Snapshot
BELLEVUE, Wash. — BELLEVUE, Wash. — Paccar Inc. (PCAR) on Tuesday reported first-quarter profit of $505.1 million.
On a per-share basis, the Bellevue, Washington-based company said it had net income of 96 cents. Earnings, adjusted for non-recurring costs, were $1.46 per share.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
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