Navistar Reports First Quarter 2017 Results

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Navistar (NAV) Misses Q1 EPS by 33c

March 7, 2017 6:35 AM EST

Navistar (NYSE: NAV) reported Q1 EPS of ($0.76), $0.33 worse than the analyst estimate of ($0.43). Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.

First quarter 2017 EBITDA was $63 million, compared to first quarter 2016 EBITDA of $82 million. This year\'s first quarter EBITDA included favorable net adjustments of $8 million, primarily resulting from a reversal of pre-existing... More