PACCAR Inc.’s PCAR first-quarter 2018 adjusted earnings were $1.45 per share, up from 88 cents recorded in the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate of $1.31. Results were aided by record quarterly truck deliveries, robust Parts revenues and pretax profits.During the quarter, PACCAR posted quarterly consolidated net sales and revenues of $5.65 billion. Its revenues from the Truck, Parts and Other segment were $5.32 billion. The Zacks Consensus Estimate of revenues was $5.03 billion.Segment ResultsRevenues from the Truck, Parts and Other segment increased to $5.32 billion in first-quarter 2018 from $3.94 billion in first-quarter 2017. The segment’s pre-tax income increased to $591.9 million from $383.3 million, recorded a year ago.Revenues from the Financial Services segment (comprising a portfolio of 187,000 trucks and trailers with total assets of $13.59 billion) rose to $332.2 million from $302.2 million a year ago. Pre-tax income increased to $67.5 million from $56.8 million in the year-ago quarter.Financial PositionPACCAR’s cash and marketable debt securities amounted to $3.47 billion as of Mar 31, 2018, compared with $3.62 billion as of Dec 31, 2017.Class 8 Truck Scenario & ViewClass 8 truck industry orders more than doubled in first-quarter 2018, on a year-over-year basis. This indicates a robust economy and strong freight demand. The company raised estimates of 2018 Class 8 truck industry retail sales for the U.S. and Canada to 265,000-285,000 vehicles, up from the previous range of 235,000-265,000 trucks.Zacks Rank & Key PicksPACCAR currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the same space include Fox Factory Holding Corp. FOXF, Allison Transmission Holdings, Inc. ALSN and Honda Motor Co., Ltd. HMC, each carrying a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.Fox Factory Holding has an expected long-term growth rate of 10.5%. In the past year, shares of the company have returned 19%.Allison Transmission has an expected long-term growth rate of 10%. In a year, shares of the company have advanced 11.5%.Honda has an expected long-term growth rate of 4.8%. In a year’s time, shares of the company have returned 18%. PACCAR Inc. Price, Consensus and EPS Surprise PACCAR Inc. Price, Consensus and EPS Surprise | PACCAR Inc. Quote Will You Make a Fortune on the Shift to Electric Cars?Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.It's not the one you think.See This Ticker Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR): Free Stock Analysis Report Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report Honda Motor Co., Ltd. (HMC): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report To read this article on Zacks.com click here.