Navistar International Corporation (NYSE:NAV) is reporting third quarter earnings results on Wednesday 9th September 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.06 per share.
For the full year, analysts predict revenues of $ 7677.68 million, while looking forward to loss of $ 0.43 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 9,250.00 million ~ $ 9,750.00 million
Click Here For More Historical Outlooks Of Navistar International Corporation
Previous Quarter Performance
Navistar International Corporation unwinded loss for the second quarter of $ 0.10 per share, from the revenue of $ 1,925.00 million. The consensus estimates are loss of $ 0.47 per share from $ 1808.49 million in revenue. The bottom line results beat street analysts by $ 0.37 or 78.72 percent, at the same time, top line results outshined analysts by $ 116.51 million or 6.44 percent.
Stock Performance
Shares of Navistar International Corporation traded low $ -0.68 or -1.82 percent on Tuesday, reaching $ 36.67 with volume of 839.70 thousand shares. Navistar International Corporation has traded high as $ 37.99 and has cracked $ 36.50 on the downward trend
According to the previous trading day, closing price of $ 36.67, representing a 148.83 % increase from the 52 week low of $ 15.01 and a 1.71 % decrease over the 52 week high of $ 38.00.
The company has a market capital of $ 3.65 billion and is part of the Industrials sector and Truck Manufacturing industry.
Recent Analyst recommendations
- On 20th July 2020, maintained by Wells Fargo & Co at Equal-Weight rating, with $ 33.00 target price.
Conference Call
Navistar International Corporation will be hosting a conference call at 9:00 AM eastern time on 9th September 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.navistar.com
Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services. It manufactures and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands; and designs, engineers, and produces sheet metal components, including truck cabs and engines.
