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Paccar Inc. Earnings Climb In Q1

Paccar Inc. (PCAR) revealed a profit for its first quarter that climbed from last year.

The company's profit totaled $512.1 million, or $1.45 per share. This compares with $310.3 million, or $0.88 per share, in last year's first quarter.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 35.0% to $5.32 billion from $3.94 billion last year.

Paccar Inc. earnings at a glance:

-Earnings (Q1): $512.1 Mln. vs. $310.3 Mln. last year.
-EPS (Q1): $1.45 vs. $0.88 last year.
-Analysts Estimate: $1.31
-Revenue (Q1): $5.32 Bln vs. $3.94 Bln last year.

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