PACCAR Shares Lower After Q3 Earnings Beat, Record Parts Revenue, Stronger Truck Margins
PACCAR Q3 profit surged 44% as earnings beat estimates despite a revenue miss, supported by higher truck margins and record parts sales.
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Why It Matters
PACCAR made way more profit than expected this quarter. Even though total sales fell short, their trucks earned bigger profits and parts sales hit new highs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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