BUZZ-Paccar falls after reporting lower Q4 revenue, profit

Reuters
28 Jan
BUZZ-Paccar falls after reporting lower Q4 revenue, profit

** 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

(Reporting by Megha Kumari in Bengaluru)

((megha.kumari@thomsonreuters.com))

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