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UPDATE: Navistar Posts Wider Q1 Loss

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UPDATE: Morgan Stanley Downgrades Navistar International On Head-On Collision Between Consensus And Reality

Navistar International (NYSE: NAV) reported a wider loss for the first quarter.

Navistar posted a quarterly net loss of $248 million, or $3.05 per share, versus a year-ago loss of $123 million, or $1.53 per share.

Its revenue fell around 16% to $2.21 billion.

Navistar shares declined 3.94% to $36.30 in pre-market trading.

Posted-In: lossEarnings News

 

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