-=PACCAR (PCAR) reported Q1 earnings on Tue 26 Apr 2016 (b/o)

PACCAR beats by $0.03, misses on revs; sees Class 8 truck industry retail sales for the U.S. and Canada in 2016 at 220-250K vehicles :

• Reports Q1 (Mar) earnings of $0.99 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.96; revenues fell 11.8% year/year to $4.01 bln vs the $4.05 bln Capital IQ Consensus.
• "PACCAR benefitted from a favorable truck market in North America and record DAF market share of 16.6% year-to-date in Europe. PACCAR generated increased truck and parts segment margins, and good financial services results worldwide. I am very proud of our 23,000 employees who have delivered industry leading products and services to our customers."