BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Paccar Inc. (PCAR) on Tuesday reported third-quarter earnings of $847.5 million.
On a per-share basis, the Bellevue, Washington-based company said it had net income of $1.61.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.61 per share.
The truck maker posted revenue of $7.94 billion in the period. Its adjusted revenue was $7.38 billion, falling short of Street forecasts. Four analysts surveyed by Zacks expected $7.48 billion.
_____
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