Paccar falls after reporting lower Q4 revenue, profit

PACCAR

28/01/2025 15:38

** U.S. truckmaker Paccar Inc's  PCAR.O  shares fall 1.88%
to $107.78
    ** Company posts Q4 rev of $7.91 bln vs $9.08 bln last year
    ** Reports Q4 profit of $1.66 per share vs $2.70 per share a
year ago
    ** Company delivered 185,300 vehicles worldwide at the end
of 2024, compared with 204,200 deliveries last year
    ** Expects industry retail sales in the U.S. and Canada in
2025 for its Class 8 trucks to be between 250,000 units and
280,000 units vs 268,000 trucks in previous year
    ** Shares rose 0.40% in 2024



 (Reporting by Megha Kumari in Bengaluru)
 ((megha.kumari@thomsonreuters.com))