Navistar Loses $145 Million
Navistar International Corporation (NYSE:NAV) reported a loss of $145 million or $2.08 per share (excluding special items) in the first quarter of its fiscal year ended January 31, 2012 in sharp contrast to a profit of $12 million or 16 cents per share in the comparable quarter a year ago. The company’s loss was broader [...]
Navistar International Corporation (NYSE:NAV) reported a loss of $145 million or $2.08 per share (excluding special items) in the first quarter of its fiscal year ended January 31, 2012 in sharp contrast to a profit of $12 million or 16 cents per share in the comparable quarter a year ago. The company’s loss was broader than the Zacks Consensus Estimate of a loss of 25 cents per share.
The company had a manufacturing loss of $111 million in the quarter compared with a profit of $80 million in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards