PACCAR GAAP EPS of $2.07 beats by $0.23, revenue of $7.16B beats by $590M
PACCAR press release  (NASDAQ:PCAR): Q2  GAAP EPS of $2.07  beats by $0.23.
Revenue of $7.16B (+22.6% Y/Y)  beats by $590M.
Global truck deliveries of 46,900 units.
âStrong freight tonnage, excellent industry truck utilization and ongoing customer demand for new Kenworth and Peterbilt trucks highlighted the second quarter. Customers appreciate the enhanced fuel efficiency and advanced technology in Kenworth and Peterbiltâs new heavy- and medium-duty trucks,â commentedÂ Darrin Siver, senior vice president. Class 8 industry retail sales in theÂ U.S.Â andÂ CanadaÂ are estimated to be in a range of 260,000-290,000 trucks this year. Kenworth and Peterbiltâs Class 8 retail sales market share is 29.4% year-to-date.