PACCAR rises as Q3 tops estimates on higher truck deliveries, margin recovery

** Shares of truck maker PACCAR PCAR.O rise 3% to $107.31 premarket after Q3 results ** Q3 earnings of $1.61/share beat est $1.59, per LSEG data ** Q3 rev of $7.94 billion beats est $7.85 billion

** Q3 net income of $847.5 million, up 44% y/y ** Co sees 2026 US and Canada Class 8 truck industry retail sales of 240,000-260,000 units; 2027 at 240,000-280,000 ** Co sees 2027 capex of $650-700 million and R&D expenses of $460-500 million ** Q3 global truck deliveries of 40,100 vs 31,900 a year earlier ** Q3 truck segment revenue of $5.60 billion , vs $4.39 billion a year earlier

** Q3 truck segment pretax profit of $454.5 million vs $102.5 million a year earlier

** As of last close, stock had fallen ~5% YTD