Navistar (NAV) Posts Q4 GAAP Loss of 62c/Share

Navistar (NYSE: NAV) reported Q4 EPS of ($0.62), which may not compare with the analyst estimate of $0.54. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.54 billion.

Fourth quarter 2015 EBITDA was $86 million versus EBITDA of $66 million in the same period one year ago. This year’s fourth quarter included $69 million in restructuring-related and impairment charges; $40 million in pre-existing warranty adjustments; and $14 million in debt refinancing fees and costs. As a result, adjusted fourth quarter 2015 EBITDA was $209 million, equating to a fourth quarter adjusted EBITDA margin of 8.4 percent.

GUIDANCE:

Navistar sees FY2016 revenue of $9.5 - $10.0 billion, versus the consensus of $10.2 billion. Full-year 2016 adjusted EBITDA of $600 - $700 million.

For earnings history and earnings-related data on Navistar (NAV) click here.

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