Navistar Reports First Quarter 2019 Results
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UPDATE: Navistar (NAV) Misses Q1 EPS by 5c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus
March 8, 2019 6:24 AM EST(Updated - March 8, 2019 6:26 AM EST)
Navistar (NYSE: NAV) reported Q1 EPS of $0.11, $0.05 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.19 billion.
"We had our best first quarter since 2010 as customer acceptance of our new products translated to extended gains in our Core market share," said Troy A. Clarke, Chairman, President and CEO. "In addition to our ongoing growth in Class 8, our medium-duty market share grew by six... More
