Navistar Turns To Profit In Q4 - Quick Facts

Navistar International Corp. (NAV) reported net income of $86 million or $1.19 per share for the fourth quarter, compared to a loss of $343 million or $4.81 per share in the year-ago quarter.

Non-GAAP earnings were $144 million or $1.99 per share, compared to $41 million or $0.56 per share in the previous year quarter.

Sales and revenues for the fourth quarter decreased to $3.29 billion from $3.87 billion in the prior year quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $1.52 per share on revenue of $3.09 billion for the quarter. Analysts' estimates typically exclude special items.

by RTTNews Staff Writer

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