What Navistar Management Wants Shareholders to Know [The Motley Fool]
Navistar Intl Corp (NAV)
Last navistar intl corp earnings: 3/4 06:25 am
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US:NYSE Investor Relations:
navistar.com/navistar/investors
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Source: The Motley Fool
Management discussed industry conditions, an outperforming joint venture, and higher profitability during the company's recent earnings conference call. Navistar International Corporation 's ( NYSE:NAV ) fiscal second-quarter 2018 results, released earlier this month, revealed that the commercial truck manufacturer is utilizing its capacity to take advantage of favorable economic conditions. Revenue rose nearly 16%, to $2.4 billion, during the last three months, and Navistar posted net profit of $55 million against a loss of $80 million in the prior-year quarter. During the company's earnings conference call, management discussed both recent success factors and the outlook for the remainder of the year. Below, we'll discuss three of the most important points that will follow quotes taken directly from the earnings transcript : Industry conditions are favorable Multiple indicators in the second quarter, starting with projected annual US GDP growth above 2% indicat
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