PACCAR Q3 Earnings Beat Estimates, Stock Down 5.63%
PACCAR Q3 Earnings Beat Estimates, Stock Down 5.63%
"Kenworth and Peterbilt's strong 31.1% market share this year reflects the superior quality and operating performance of our trucks," said Kevin Baney, PACCAR senior vice president. "Strong infrastructure spending in the U.S. has been good for Kenworth and Peterbilt's business due to our market share leadership in vocational trucks."$PACCAR Inc (PCAR.US)$ shares are down 5.63% to $103.44 Tuesday after delivering earnings in the morning.
$帕卡 (PCAR.US)$ 在周二上午发布业绩后，股价下跌了5.63%，至103.44美元。
The company reported 3Q earnings per share of $1.85, beating the street view of $1.82. Quarterly sales of $7.70 billion, beating the analyst consensus estimate of $7.65 billion.
该公司报告了每股1.85美元的第三季度收益，超过了1.82美元的街头预期。季度销售额为77亿美元，超过了分析师共识预估的76.5亿美元。
PACCAR achieved net income of $972.1 million, compared to $1.23 billion in the same period last year.
帕卡的净利润为97210万元，去年同期为12.3亿美元。
"Kenworth and Peterbilt's strong 31.1% market share this year reflects the superior quality and operating performance of our trucks," said Kevin Baney, PACCAR senior vice president. "Strong infrastructure spending in the U.S. has been good for Kenworth and Peterbilt's business due to our market share leadership in vocational trucks."
“今年Kenworth和Peterbilt强劲的31.1%市场份额反映了我们卡车的优越质量和运营性能，” 帕卡高级副总裁Kevin Baney表示。“美国强劲的基础设施支出对Kenworth和Peterbilt的业务有利，这是由于我们在职业车辆市场份额领先地位。”
The company noted that the less-than-truckload segment is performing well, while the truckload segment is weak.
该公司指出，零担部门表现良好，而整车部门疲弱。
PACCAR estimates that U.S. and Canada Class 8 truck industry retail sales will be between 250,000 and 270,000 vehicles in 2024, and between 250,000 and 280,000 vehicles in 2025.
帕卡预计2024年美国和加拿大8级卡车行业零售销售量将在25万至27万辆之间，2025年将在25万至28万辆之间。
