— Navistar International Corporation (NYSE: NAV) reported Q1 2020 loss of $0.36 per share, vs. a loss of $0.19 expected.
— Revenues totaled $1.8 billion, vs. $1.8 billion expected.
— Core volumes fell 39%.
— Adjusted EBITDA was $59 million.
— Truck segment net sales were $1.2 billion.
— Parts segment net sales were $493 million.
— Global operations segment net sales were $68 million.
— Financial services segment net revenues were $57 million.
— FY2020 revenues are expected to be $9.25 billion to $9.75 billion.
— FY2020 industry retail deliveries of Class 6-8 trucks and buses in the US and Canada are forecasted to be in the range of 335,000 to 365,000 units, with Class 8 retail deliveries between 210,000 and 240,000 units.
— FY2020 adjusted EBITDA is expected to be $700 million to $750 million.
— NAV shares fell 1.4% following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
