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Navistar Slides on First-Quarter Earnings Miss
Shares of Navistar International Corp. felll Friday after the the truck and bus manufacturer missed Wall Street's first-quarter earnings expectations.
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The Lisle, Illinois-based company reported first-quarter earnings of 11 cents a share, up from a year-ago loss of 74 cents, but short of analysts' expectation of 15 cents a share. Sales increased 28% to $2.4 billion, while Wall Street was looking for $2.2 billion in revenue. The revenue boost was driven by a 50% increase in the company's core volumes, which represent its sales of Class 6-8 trucks and buses in the United States and Canada.
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https://www.thestreet.com/investing/navi...yptr=yahoo
![[Bild: NAVc1dl0944.png]](https://finviz.com/publish/030919/NAVc1dl0944.png)
Shares of Navistar International Corp. felll Friday after the the truck and bus manufacturer missed Wall Street's first-quarter earnings expectations.
...
The Lisle, Illinois-based company reported first-quarter earnings of 11 cents a share, up from a year-ago loss of 74 cents, but short of analysts' expectation of 15 cents a share. Sales increased 28% to $2.4 billion, while Wall Street was looking for $2.2 billion in revenue. The revenue boost was driven by a 50% increase in the company's core volumes, which represent its sales of Class 6-8 trucks and buses in the United States and Canada.
...
https://www.thestreet.com/investing/navi...yptr=yahoo
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