trending Market Intelligence /marketintelligence/en/news-insights/trending/qEhbaxfCoIJr_SBlThJ_hg2 content esgSubNav
In This List

PACCAR Q1 profit falls YOY


Global M&A By the Numbers: Q3 2021


Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors


Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data

PACCAR Q1 profit falls YOY

PACCAR Inc said its normalized net income for the first quarter amounted to 79 cents per share, compared with the S&P Capital IQ consensus estimate of 88 cents per share.

EPS declined 13.0% year over year from 91 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $280.1 million, a decline of 12.6% from $320.6 million in the year-earlier period.

The normalized profit margin dropped to 6.6% from 7.5% in the year-earlier period.

Total revenue fell on an annual basis to $4.24 billion from $4.30 billion, and total operating expenses totaled $3.80 billion, compared with $3.79 billion in the prior-year period.

Reported net income came to $310.4 million, or 88 cents per share, compared with a loss of $593.7 million, or a loss of $1.69 per share, in the prior-year period.