PACCAR (PCAR) Earnings Beat Q2 Estimates Despite Revenue Miss
PACCAR (NASDAQ: PCAR ) reported its second-quarter financial results on Tuesday, posting quarterly earnings of $1.43 per share. The result beat the analyst consensus estimate of $1.35 per share and represented an increase from earnings of $1.37 per share recorded in the same period last year. Quarterly Revenue And Cash Position The company reported quarterly sales of $6.997 billion, which missed the analyst consensus estimate of $7.264 billion. However, revenues increased compared to sales of $6.962 billion reported in the same period last year. PACCAR reported cash and cash equivalents at the end of the period on June 30 of $5.575 billion. Read Also: Stock Market Today: Dow Jones Futures Gain as Coca-Cola Jumps After Q2 Beat, S&P 500, Nasdaq 100 Decline—Boeing, Johnson & Johnson in Focus Class 8 Truck Industry Sales Guidance For 2026, U.S. and Canada Class 8 truck industry retail sal...
43 per share. 37 per share recorded in the same period last year. 264 billion. 962 billion reported in the same period last year.
575 billion. S. and Canada Class 8 truck industry retail sales are estimated to be in a range of 230,000 to 270,000 trucks. “Customers are benefiting from higher freight rates due to constrained industry freight capacity.
Fleet age has increased as well, providing an opportunity for customers to refresh their fleets with newer, more fuel-efficient trucks,” said John Rich, PACCAR executive vice president and chief technology officer. S. 2 million in the second quarter of 2025. 7 million in the same period last year.
3 million in the same period last year. 08 billion in the first half of 2025. “PFS achieved good first half results due to its steady finance margins and an improving used truck market,” said Craig Gryniewicz, PACCAR Vice President. 3 million in research and development expenses in the second quarter of 2026.
4 billion in facilities, next-generation products, and state-of-the-art technologies. Brice Poplawski, senior vice president and CFO, said, “Capital expenditures are projected to be in the range of $700-$750 million and research and development expenses are estimated to be in the range of $450-$480 million in 2026. 50 on Tuesday, according to Pro data. Read Also: Trump's Zombie Tariffs Are Back— and Top Economist Justin Wolfers Says It's a 'Never-Ending 24/7 Saga' PACCAR-Photo by RYO Alexandre via Shutterstock