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Paccar Inc. (PCAR) released a profit for its first quarter that increased from the same period last year.


RTTNews | Apr 27, 2021 08:05AM EDT

08:04 Tuesday, April 27, 2021 (RTTNews.com) - Paccar Inc. (PCAR) released a profit for its first quarter that increased from the same period last year.

The company's bottom line came in at $470.1 million, or $1.35 per share. This compares with $359.4 million, or $1.03 per share, in last year's first quarter.

Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.2% to $5.41 billion from $4.78 billion last year.

Paccar Inc. earnings at a glance:

-Earnings (Q1): $470.1 Mln. vs. $359.4 Mln. last year.-EPS (Q1): $1.35 vs. $1.03 last year.-Analysts Estimate: $1.27-Revenue (Q1): $5.41 Bln vs. $4.78 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3188480/paccar-inc-q1-earnings-advance.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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