Paccar Inc. Reveals Decline In Q3 Bottom Line, misses estimates

Paccar Inc. (PCAR) revealed earnings for third quarter that fell from last year.

The company's earnings came in at $377.7 million, or $1.08 per share. This compares with $385.5 million, or $1.11 per share, in last year's third quarter.

Analysts had expected the company to earn $1.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.4% to $4.74 billion from $4.54 billion last year.

Paccar Inc. earnings at a glance:

-Earnings (Q3): $377.7 Mln. vs. $385.5 Mln. last year.
-EPS (Q3): $1.08 vs. $1.11 last year.
-Analysts Estimate: $1.20
-Revenue (Q3): $4.74 Bln vs. $4.54 Bln last year.

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