UPDATE 3-Paccar tops view but outlook hits shares

Newswire

* Q2 EPS of $0.27 vs $0.20 estimate * Q2 sales rose 32 percent to $2.46 billion * Finance unit's margins improve as credit losses shrink * Cuts industrywide sales forecast for U.S. and Canada * Shares down nearly 4 percent (Adds CEO comments, details on industry sales outlook, updates stock price) By James B. Kelleher CHICAGO, July 27 (Reuters) - Paccar Inc reported stronger-than-expected quarterly results on Tuesday, saying the global market for commercial trucks is slowly ...

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