Navistar International (NYSE:NAV) Announces Earnings Results

Navistar International (NYSE:NAV) issued its quarterly earnings results on Monday. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.34, MarketWatch Earnings reports. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Navistar International had a negative return on equity of 1.25% and a negative net margin of 5.24%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.38) earnings per share.

Navistar International stock traded up $0.02 during midday trading on Wednesday, reaching $44.40. 8,767 shares of the stock traded hands, compared to its average volume of 549,316. The business’s fifty day moving average price is $44.22. Navistar International has a 12 month low of $25.43 and a 12 month high of $45.25. The company has a market cap of $4.43 billion, a PE ratio of -11.32 and a beta of 1.88.

Separately, TheStreet cut Navistar International from a “c-” rating to a “d+” rating in a research report on Tuesday, April 6th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $41.58.

Navistar International Company Profile

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services.

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Earnings History for Navistar International (NYSE:NAV)

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