PACCAR Q1 Earnings Beat Estimates
PACCAR Inc (NASDAQ:PCAR) reported first-quarter FY22 sales growth of 10.6% year-on-year, to $6.47 billion, beating the consensus of $5.91 billion. Net sales and revenues from Truck, Parts, and Other improved 12.8% to $6.1 billion, and the corresponding gross margins were 13.4%. Revenues from Financial Services fell 15% to $366.2 million. Revenue from U.S.…
Benzinga ·