Market Overview

UPDATE: Navistar Posts FQ4 Loss

Related NAV
First Trust Rolls Out Global Version of Focus 5 ETF - ETF News And Commentary
SEC to Vote on Money Market Fund Reforms: 3 Great Picks - Best of Funds
Navistar Posts Smaller 2Q Loss as Truck Sales Rebound (Fox Business)

Navistar International (NYSE: NAV) posted a FQ4 loss.

Navistar posted a quarterly loss of $2.77 billion, or $40.13 per share, versus a year-ago profit of $255 million, or $3.48 per share.

Its net revenue fell 24% to $3.28 billion. However, analysts were expecting revenue of $3.18 billion.

Navistar's truck segment posted a loss of $160 million, versus a year-ago profit of $287 million.

Navistar shares dropped 4.88% to $21.75 in pre-market trading.

Posted-In: lossEarnings News

 

Related Articles (NAV)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters