BUZZ-Paccar falls after reporting lower Q4 revenue, profit
ReutersJan 28, 2025 3:38 PM
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
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