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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.


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