Navistar International (NAV) MPosts Q4 GAAP Loss of $40.13/Share

Navistar International (NYSE: NAV) reported Q4 GAAP loss of ($40.13), which may not compare with the analyst estimate of ($1.12). Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.18 billion.

Current quarter results included increased non-cash tax expense of $2 billion, or $28.59 per share, for the increase in deferred tax valuation allowance on U.S. deferred tax assets. Fourth quarter 2012 results also included pre-tax charges of $149 million in additional pre-existing warranty expenses primarily related to EPA 2010 big bore engines, $73 million for cost reduction actions, $16 million in charges for the restructuring of North American manufacturing operations and engineering integration and $14 million in non-conformance penalties (NCPs).

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

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