BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported second-quarter net income of $752 million.
On a per-share basis, the Bellevue, Washington-based company said it had profit of $1.43.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The truck maker posted revenue of $7.55 billion in the period. Its adjusted revenue was $7 billion, which missed Street forecasts. Five analysts surveyed by Zacks expected $7.1 billion.
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