Paccar (PCAR) Tops Q4 EPS by 2c

Paccar (NASDAQ: PCAR) reported Q4 EPS of $1.11, $0.02 better than the analyst estimate of $1.09. Revenue for the quarter came in at $5.12 billion versus the consensus estimate of $4.87 billion.

Business Highlights – 2014

• PACCAR delivered 142,900 vehicles worldwide.
• Peterbilt celebrated its 75-year anniversary and Kenworth delivered its one millionth truck.
• DAF’s cab factory in Westerlo, Belgium, produced its one millionth DAF cab.
• PACCAR Parts opened a new Parts Distribution Center (PDC) in Montreal, Canada, and celebrated the 20-year anniversary of the TRP all-makes aftermarket parts program.
• PACCAR’s engine factory in Columbus, Mississippi, and Peterbilt’s truck factory in Denton, Texas, earned Frost & Sullivan’s Manufacturing Leadership Awards.
• Kenworth’s T880 truck, equipped with the PACCAR MX-13 engine, earned “2015 Truck of the Year” from the American Truck Dealers.
• DAF was awarded “Manufacturer of the Year” in the United Kingdom by GreenFleet magazine.
• PACCAR was recognized as a technology leader by InformationWeek magazine’s “2014 Elite 100 Companies.”
• PACCAR invested $438.7 million in capital projects and research and development.
• PACCAR has implemented over 26,000 Six Sigma projects since 1997.

For earnings history and earnings-related data on Paccar (PCAR) click here.

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