Navistar Profits More Than Fivefold
Navistar International Corp. (NYSE:NAV) recorded more than fivefold increase in profits to $247 million or $3.37 per share in the fourth quarter of its fiscal year ended October 31, 2011 from $44 million or 61 cents per share in the comparable quarter a year ago. The profit exceeded the Zacks Consensus Estimate by 20 cents [...]
Navistar International Corp. (NYSE:NAV) recorded more than fivefold increase in profits to $247 million or $3.37 per share in the fourth quarter of its fiscal year ended October 31, 2011 from $44 million or 61 cents per share in the comparable quarter a year ago. The profit exceeded the Zacks Consensus Estimate by 20 cents per share.
The profit excluded the net impact of an income tax valuation allowance release, costs associated with the restructuring of North American manufacturing operations, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards