Navistar Int'l (NAV) Posts Surprise Q3 EPS of $1.22; to Review non-Core Businesses, Will Not Provide Q4 Outlook

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Navistar International (NYSE: NAV) reported Q3 EPS of $1.22, including an income tax benefit of $196 million, and does not compare to the analyst estimate of ($1.36). Revenue for the quarter came in at $3.32 billion versus the consensus estimate of $2.96 billion.

The company also announced it has launched a review of all of its non-core businesses with the goal of improving its return on invested capital and driving long-term profitability. As a result of this, along with uncertain industry conditions, the company is not providing fourth quarter earnings guidance until industry volumes solidify and these potential actions are defined.

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

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