UPDATE 3-Paccar beats estimates, shares rise

Newswire

* Reports stronger-than-expected Q1 EPS * Says sales profit fell 91 pct, sales fell 49 pct * Shares rise on beat, upbeat commentary (Recasts; Adds details on industry outlook, company comments on fundamentals, share reaction, byline) By James B. Kelleher CHICAGO, April 28 (Reuters) - Paccar Inc. reported a stronger-than-expected quarterly profit on Tuesday though it acknowledged that the drop in freight volumes brought on by the worldwide downturn had left trucking companies in no ...

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