UPDATE: Navistar Posts FQ4 Loss

Navistar International

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.