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Paccar's Revenue Drops 14% in Q2

Paccar (PCAR 6.18%), the U.S.-based maker of Kenworth, Peterbilt, and DAF commercial trucks, reported its second-quarter results on July 22, 2025. The most important news: the company surpassed analyst forecasts for both profit and revenue (GAAP) in Q2 2025. Earnings per share (GAAP) came in at 1.37comparedtotheestimateof1.37 compared to the estimate of 1.29, while revenue (GAAP) reached 7.51billionversusthe7.51 billion versus the 7,001.8 million consensus. Still, each metric fell significantly from last year, with net income (GAAP) at $723.8 millio ...