UPDATE 2-Truck maker Navistar raises 2018 forecast amid strong demand [Reuters]
Navistar Intl Corp (NAV)
Last navistar intl corp earnings: 3/4 06:25 am
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Source: Reuters
Truck maker Navistar's revenue rises nearly 15 percent | Reuters Reuters Staff 2 Min Read (Reuters) - Navistar International Corp ( NAV.N ) reported a near 15 percent rise in quarterly revenue on Thursday, fueled by higher sales in its truck business. Revenue in the truck business, the company’s biggest, rose 21.8 percent to $1.25 billion in the first quarter. Navistar raised its full-year 2018 revenue forecast to be in the range of $9.25 billion to $9.75 billion, from $9 billion to $9.5 billion. “We expect market conditions to remain robust and we are determined to take advantage of opportunities to grow share while delivering strong margin performance,” Chief Executive Troy Clarke said in a statement. The company's revenue rose to $1.91 billion in the quarter from $1.66 billion a year earlier. bit.ly/2Fk3XNI Net loss attributable to the company widened to $73 million from $62 million. On a per-share basis, the loss was 74 cents per share in the quarter ended Jan. 31, compared wit
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