BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported first-quarter profit of $605.3 million.
The Bellevue, Washington-based company said it had profit of $1.15 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The truck maker posted revenue of $6.78 billion in the period. Its adjusted revenue was $6.23 billion, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $6.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCAR at https://www.zacks.com/ap/PCAR
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