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Navistar International Corporation
| 18.12.2018, 22:54 (Dieser Beitrag wurde zuletzt bearbeitet: 18.12.2018, 22:55 von Ca$hmandt.)
Why Navistar Stock Popped 11% Today
What happened
Shares of truckmaker Navistar (NYSE: NAV) were up 11% as of 12:35 p.m. EST on Tuesday after the company reported strong results for its fiscal fourth quarter and full-year 2018.
Q4 earnings of $1.89 per share easily beat analyst estimates for $1.68. Sales, which came in above $3.3 billion, likewise exceeded expectations.
Navistar results are racing ahead of estimates.
So what
Navistar grew its quarterly profits 39% versus last year's Q4. Sales for the quarter increased 28% year over year, largely driven by a 45% increase in sales of Class 6-8 trucks and buses in the United States and Canada.
The quarter's results capped a strong year, and marked a welcome return to health for Navistar after a weak 2017. Profits for all of 2018 combined surged roughly 10 times year over year, from just $0.32 per share earned in 2017, to $3.41 for fiscal 2018. Sales for the year increased 20% over 2017 levels.
...
https://finance.yahoo.com/news/why-navis...ccounter=1
![[Bild: NAVc1dl1552.png]](https://finviz.com/publish/121818/NAVc1dl1552.png)
What happened
Shares of truckmaker Navistar (NYSE: NAV) were up 11% as of 12:35 p.m. EST on Tuesday after the company reported strong results for its fiscal fourth quarter and full-year 2018.
Q4 earnings of $1.89 per share easily beat analyst estimates for $1.68. Sales, which came in above $3.3 billion, likewise exceeded expectations.
Navistar results are racing ahead of estimates.
So what
Navistar grew its quarterly profits 39% versus last year's Q4. Sales for the quarter increased 28% year over year, largely driven by a 45% increase in sales of Class 6-8 trucks and buses in the United States and Canada.
The quarter's results capped a strong year, and marked a welcome return to health for Navistar after a weak 2017. Profits for all of 2018 combined surged roughly 10 times year over year, from just $0.32 per share earned in 2017, to $3.41 for fiscal 2018. Sales for the year increased 20% over 2017 levels.
...
https://finance.yahoo.com/news/why-navis...ccounter=1
