Navistar: Fiscal 4Q Earnings Snapshot
LISLE, Ill. (AP) _ Navistar International Corp. (NAV) on Tuesday reported fiscal fourth-quarter earnings of $188 million.
The Lisle, Illinois-based company said it had net income of $1.89 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The truck and engine maker posted revenue of $3.32 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $3.26 billion.
For the year, the company reported profit of $340 million, or $3.41 per share. Revenue was reported as $10.25 billion.
Navistar expects full-year revenue in the range of $10.75 billion to $11.25 billion.
Navistar shares have fallen 44 percent since the beginning of the year. The stock has decreased 41 percent in the last 12 months.