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Navistar: Fiscal 4Q Earnings Snapshot

December 17, 2019 GMT

LISLE, Ill. (AP) _ Navistar International Corp. (NAV) on Tuesday reported fiscal fourth-quarter profit of $102 million.

The Lisle, Illinois-based company said it had net income of $1.02 per share. Earnings, adjusted for one-time gains and costs, were $1.14 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The truck and engine maker posted revenue of $2.78 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $221 million, or $2.22 per share. Revenue was reported as $11.25 billion.

Navistar expects full-year revenue in the range of $9.25 billion to $9.75 billion.

Navistar shares have risen 24% since the beginning of the year. The stock has risen 25% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NAV at https://www.zacks.com/ap/NAV