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Paccar reports Q4 EPS $2.64, consensus $2.21

Reports Q4 revenue $8.13B, consensus $7.11B. "PACCAR is manufacturing the most comprehensive new truck range in its history, including new DAF XG+, XG, XF and XD heavy trucks which were named International Truck of the Year, new Peterbilt 579 and Kenworth T680 heavy-duty trucks that feature major aerodynamic and technology enhancements, and new Kenworth and Peterbilt medium-duty trucks. These vehicles deliver premium quality, excellent fuel efficiency and low operating costs for our customers. PACCAR is also investing in the next generation of products and technologies to further enhance customers’ operating efficiency. These investments include Kenworth, Peterbilt and DAF battery electric trucks, hydrogen internal combustion and fuel cell powertrains, enhanced PACCAR Connect telematics solutions, and ongoing development of the PACCAR Autonomous Vehicle Platform," added Feight.

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