Navistar International Corp (NAV) reported quarterly earnings results on Tuesday, Jun-7-2016. The company said it had a profit of $0.05 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.20. Analysts had a consensus of $-0.15. The company posted revenue of $2197.00 million in the period, compared to analysts expectations of $2176.60 million. The company’s revenue was down -18.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.78 EPS.
Navistar International Corp closed down -0.2 points or -1.72% at $11.42 with 14,76,232 shares getting traded on Friday. Post opening the session at $11.38, the shares hit an intraday low of $11.21 and an intraday high of $11.64 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Navistar International Corporation (NIC) is a holding company whose principal operating subsidiaries are Navistar Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks MaxxForce brand diesel engines IC Bus (IC) brand school and commercial buses as well as a provider of service parts for trucks and diesel engines. It also provides retail wholesale and lease financing of trucks and parts. The Company operates in four reporting segments which comprises: North America Truck North America Parts Global Operations (collectively referred to as Manufacturing operations) and Financial Services. Its principal products and services include Trucks Parts Engines and Financial Services.