Navistar posts loss on inventory charge; sees strong second half

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Go back to Navistar posts loss on inventory charge; sees strong second half

Navistar International (NAV) PT Raised to $37 at Baird

June 8, 2017 9:38 AM EDT

Baird raised its price target on Navistar International (NYSE: NAV) to $37.00 (from $33.00) while maintaining a Outperform rating following the company's 2Q earnings report. Better second half offsets Q2 shortfall with no meaningful changes to long-term model. Target price moves higher on lower discount rate... More

Navistar (NAV) Posts Wider Q2 Loss of $0.86/Share, Maintains FY Outlook

June 7, 2017 6:30 AM EDT

Navistar (NYSE: NAV) reported Q2 EPS of ($0.86), $0.82 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.06 billion.

Reports net loss of $80 million, or $0.86 per diluted share, on revenues of $2.1 billionGenerates $65... More