Navistar International (NAV) Plans to Suffer for Third Year in a Row

Navistar International Corp. (NYSE: NAV) may not have a great 2010 according to its recent self-outlook. The stock rebounded somewhat after tumbling 10% on the unwelcome news of an EPS between $1.75 and $2.25 for this year. But, NAV is still in the red by 3.5% for the day.

Those forecasted numbers are well shy of the $3.49 analysts expected from Navistar International Corp. this year. The company does see an end to its three-year sales decline in 2010, though a slow recovery or a renewed recession could pose a risk of a fourth straight annual sales decline for the truck manufacturer.