Revenue Update on Navistar International Corp(NYSE:NAV)

Navistar International Corp(NYSE:NAV) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jun 7, 2016. Company reported revenue of $2.20B. Analysts estimated a revenue of $2.19B. Earnings per share were $0.05. Analysts had estimated an EPS of $-0.15.

Navistar International Corp (NAV) shares turned negative on Fridays trading session with the shares closing down -0.53 points or -3.85% at a volume of 17,47,468. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $13.61. The peak price level was also seen at $13.61 while the days lowest was $12.81. Finally the shares closed at $13.23. The 52-week high of the shares is $26.37 while the 52-week low is $5.775. According to the latest information available, the market cap of the company is $1,080 M.

Navistar International Corporation (NIC) is a holding company whose principal operating subsidiaries are Navistar Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks MaxxForce brand diesel engines IC Bus (IC) brand school and commercial buses as well as a provider of service parts for trucks and diesel engines. It also provides retail wholesale and lease financing of trucks and parts. The Company operates in four reporting segments which comprises: North America Truck North America Parts Global Operations (collectively referred to as Manufacturing operations) and Financial Services. Its principal products and services include Trucks Parts Engines and Financial Services.

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