PCAR Stock Recent News

Paccar (PCAR -2.42%) published its fourth-quarter and full-year 2024 results Tuesday morning, and investors didn't seem too impressed by its performance. As a result, the storied truck maker's stock fell by more than 2% in price on the day.

PACCAR Inc (NASDAQ:PCAR ) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Company Participants Ken Hastings - Director of Investor Relations Preston Feight - Chief Executive Officer Harrie Schippers - President & Chief Financial Officer Brice Poplawski - Vice President & Controller Conference Call Participants Tami Zakaria - JPMorgan Kyle Menges - Citi Steven Volkman - Jefferies Rob Wertheimer - Melius Research Steven Fisher - UBS Jaime Cook - Truist Securities Tim Thein - Raymond James Angel Castillo - Morgan Stanley David Raso - Evercore ISI Jerry Revich - Goldman Sachs Jeff Kauffman - Vertical Research Partners Michael Feniger - Bank of America Scott Group - Wolfe Research Mats Liss - Kepler Cheuvreux Operator Good morning, and welcome to PACCAR's Fourth Quarter 2024 Earnings Conference Call. All lines will be in a listen-only mode until the question-and-answer session.

PCAR expects 2025 capex and R&D expenses in the band of $700-$800 million and $460-$500 million, respectively.

The headline numbers for Paccar (PCAR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paccar (PCAR) came out with quarterly earnings of $1.66 per share, missing the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $2.70 per share a year ago.

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported strong annual revenues and net income in 2024,” said Preston Feight, chief executive officer. “PACCAR's results reflect the enhanced profitability of the latest generation of DAF, Peterbilt and Kenworth trucks, record PACCAR Parts revenue and profit, and good financial services performance. I am very proud of our employees and dealers who delivered outstanding trucks and transportation solutions to our customers. In 2025, PACCAR is celebrating.

The Zacks Consensus Estimate for PCAR's fourth-quarter EPS and revenues is pegged at $1.68 and $7.44 billion, respectively.

Dividends come with many well-known perks, essentially investors' form of payday in the market.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Get a deeper insight into the potential performance of Paccar (PCAR) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.