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Dec 31, 2022
Paccar Q4 2022 Earnings Report
PACCAR achieved record quarterly revenues and net income, driven by strong demand for new truck models, aftermarket parts profits, and financial services performance.
Key Takeaways
PACCAR reported record fourth-quarter revenues of $8.13 billion and net income of $921.3 million ($2.64 per diluted share), significantly higher than the same period in 2021.
PACCAR reported record annual revenues and net income in 2022.
PACCAR achieved quarterly revenues of $8.13 billion in the fourth quarter of 2022.
The company earned $921.3 million ($2.64 per diluted share) in the fourth quarter of 2022.
PACCAR Parts achieved record quarterly pre-tax income of $379.5 million.
Revenue by Segment
Forward Guidance
PACCAR projects U.S. and Canada Class 8 truck industry retail sales to be in the range of 270,000-310,000 trucks in 2023 and the European truck industry registrations in the above 16-tonne market in 2023 will be in the range of 270,000-310,000 trucks.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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