Navistar (NAV) Shares Pull Back from Session Highs as Q1 EPS Expected to be Lowest of 2012
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Shares of Navistar (NYSE: NAV) have just pushed away from session highs as an exec on the company's Analyst Meeting said Q1 earnings will be lower compared to the rest of 2012.
The exec forecast FY12 sales to its Engine Business unit of $4-$4.5 billion and sales of $5-$5.5 billion for beyond 2012.
The stock last traded at $46.12, up more than 6.6 percent from Tuesday's close.
The exec forecast FY12 sales to its Engine Business unit of $4-$4.5 billion and sales of $5-$5.5 billion for beyond 2012.
The stock last traded at $46.12, up more than 6.6 percent from Tuesday's close.
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