Navistar International Corp (NAV) Releases Earnings Results, Beats Expectations By $0.20 EPS

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.

Navistar International Corp

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