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Navistar International Corp (NAV.N)

NAV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Navistar Sees 2020 Rev $10.0 Bln To $10.5 Bln
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Navistar International Corp ::SEES 2020 REVENUE $10.0 BILLION TO $10.5 BILLION.FY2020 REVENUE VIEW $10.60 BILLION -- REFINITIV IBES DATA.NAVISTAR SEES 2020 ADJUSTED EBITDA $775 MILLION TO $825 MILLION.NAVISTAR - PRESENTS PLAN TO IMPROVE EBITDA MARGINS TO 10% BY 2022 AND 12% BY 2024.NAVISTAR - PRESENTS PLAN TO FULLY FUND DEFINED BENEFIT PENSION PLANS BY 2025.NAVISTAR SEES 2020 INDUSTRY RETAIL DELIVERIES OF CLASS 6-8 TRUCKS AND BUSES IN U.S. & CANADA OF 335,000 TO 365,000 UNITS.NAVISTAR SAYS TO INVEST OVER $250 MILLION IN NEW FACILITY IN TEXAS, CONTINGENT ON INCENTIVE APPROVAL.  Full Article

Navistar International Corp Says Qtrly Loss Per Share $0.48
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Navistar International Corp ::NAVISTAR INTERNATIONAL CORP - REVENUES IN QUARTER WERE $3 BILLION, UP 24 PERCENT.NAVISTAR INTERNATIONAL CORP - QTRLY LOSS PER SHARE $0.48.NAVISTAR INTERNATIONAL CORP - RAISES 2019 FULL-YEAR INDUSTRY AND FINANCIAL GUIDANCE.NAVISTAR INTERNATIONAL CORP - NAVISTAR REVENUES ARE EXPECTED TO BE BETWEEN $11.25 BILLION AND $11.75 BILLION FOR 2019.NAVISTAR INTERNATIONAL CORP - ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN $875 MILLION AND $925 MILLION FOR 2019.NAVISTAR - INDUSTRY RETAIL DELIVERIES OF CLASS 6-8 TRUCKS & BUSES IN U.S. & CANADA ARE FORECAST TO BE 425,000 TO 445,000 UNITS FOR 2019.  Full Article

Navistar Q2 Loss Per Share $0.48
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Navistar International Corp ::NAVISTAR REPORTS SECOND QUARTER 2019 RESULTS.Q2 LOSS PER SHARE $0.48.Q2 REVENUE $3.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.71 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.89 -- REFINITIV IBES DATA.RAISES 2019 FULL-YEAR INDUSTRY AND FINANCIAL GUIDANCE, SUBJECT TO IMPACTS FROM RECENTLY ANNOUNCED U.S. TARIFFS ON MEXICO.SEES 2019 REVENUES ARE EXPECTED TO BE BETWEEN $11.25 BILLION AND $11.75 BILLION.  Full Article

Navistar International Corp Says Entered Into Settlement Agreement With Certain Named Plaintiffs To Settle Putative Class Action Lawsuits
Wednesday, 29 May 2019 

May 29 (Reuters) - Navistar International Corp ::NAVISTAR INTERNATIONAL CORP - ENTERED INTO SETTLEMENT AGREEMENT WITH CERTAIN NAMED PLAINTIFFS TO SETTLE PUTATIVE CLASS ACTION LAWSUITS.NAVISTAR - CLASS ACTIONS ALLEGE CERTAIN MAXXFORCE ADVANCED EGR ENGINES ARE DEFECTIVE AND THAT NAVISTAR FAILED TO DISCLOSE OR CORRECT ALLEGED DEFECT.NAVISTAR INTERNATIONAL CORP - PARTIES WILL ESTABLISH A CASH FUND AND REBATE FUND WITH A TOTAL VALUE OF $135 MILLION.NAVISTAR INTERNATIONAL CORP - NAVISTAR WILL CONTRIBUTE $85 MILLION TO CASH FUND.NAVISTAR INTERNATIONAL CORP - NAVISTAR WILL COMMIT TO MAKE AVAILABLE REBATES WITH A FACE VALUE IN AGGREGATE OF $50 MILLION TO REBATE FUND.NAVISTAR INTERNATIONAL CORP - IN CONNECTION WITH ITS ENTRY INTO SETTLEMENT AGREEMENT, COMPANY HAS RECORDED A CHARGE IN FISCAL Q2 FINANCIAL STATEMENTS.NAVISTAR INTERNATIONAL CORP - RECORDED A CHARGE IN FISCAL Q2 FINANCIAL STATEMENTS IN AMOUNT OF $159 MILLION.NAVISTAR INTERNATIONAL CORP - ON MAY 28, 2019, PLAINTIFFS SUBMITTED SETTLEMENT AGREEMENT TO COURT FOR PRELIMINARY APPROVAL..  Full Article

Navistar International Corp Reports Q4 EPS of $1.89
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Navistar International Corp ::QTRLY EARNINGS PER SHARE $1.89.2019 REVENUES ARE EXPECTED TO BE BETWEEN $10.75 BILLION AND $11.25 BILLION..2019 ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN $850 MILLION AND $900 MILLION..QTRLY NET SALES AND REVENUES $3,317 MILLION VERSUS $2,598 MILLION.FY2019 REVENUE VIEW $10.57 BILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $1.71, REVENUE VIEW $3.22 BILLION -- REFINITIV IBES DATA.NAVISTAR INTERNATIONAL - INDUSTRY RETAIL DELIVERIES OF CLASS 6-8 TRUCKS AND BUSES IN U.S & CANADA ARE FORECAST TO BE 395,000 TO 425,000 UNITS FOR 2019.SEES 2019 CLASS 8 RETAIL DELIVERIES OF 265,000 TO 295,000 UNITS.CASH TAX PAYMENTS EXPECTED TO REMAIL LOW IN 2019.NAVISTAR INTERNATIONAL- EXPECT FROM 2020 THROUGH 2022, WILL BE REQUIRED TO CONTRIBUTE ABOUT $175 MILLION - $200 MILLION/YEAR TO U.S., CANADIAN PENSION PLANS.  Full Article

Navistar Repays $200 Million In Convertible Notes
Tuesday, 16 Oct 2018 

Oct 15 (Reuters) - Navistar International Corp ::NAVISTAR REPAYS $200 MILLION IN CONVERTIBLE NOTES.NAVISTAR INTERNATIONAL CORP - COMPANY HAS REPAID IN FULL ITS 4.5% SENIOR SUBORDINATED CONVERTIBLE NOTES ISSUED IN OCTOBER 2013.NAVISTAR INTERNATIONAL CORP - REPAYMENT OF OUTSTANDING PRINCIPAL OF $200 MILLION AT MATURITY ON OCTOBER 15, 2018, WAS FUNDED WITH CASH ON HAND.  Full Article

Navistar International Corp Qtrly EPS From Continuing Operations $1.71
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Navistar International Corp ::NAVISTAR INTERNATIONAL CORP QTRLY INCOME PER SHARE FROM CONTINUING OPERATIONS $1.71.NAVISTAR INTERNATIONAL CORP QTRLY NET SALES AND REVENUES $2,606 MILLION VERSUS $2,213 MILLION.  Full Article

Christian Schulz Appointed To Navistar Board Of Directors
Wednesday, 15 Aug 2018 

Navistar International Corp ::CHRISTIAN SCHULZ APPOINTED TO NAVISTAR BOARD OF DIRECTORS.NAVISTAR INTERNATIONAL CORP - SCHULZ IS CURRENTLY CFO OF VOLKSWAGEN TRUCK & BUS.  Full Article

Navistar Reports Quarterly Earnings Per Share Of $0.55
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Navistar International Corp ::QTRLY EARNINGS PER SHARE $0.55.QTRLY NET SALES AND REVENUE $2,422 MILLION VERSUS $2,096 MILLION.Q2 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $2.44 BILLION -- THOMSON REUTERS I/B/E/S.ON JUNE 3, CONCLUDED SETTLEMENT OF A BUSINESS ECONOMIC LOSS CLAIM RELATING TO CO'S ALABAMA ENGINE MANUFACTURING FACILITY.NAVISTAR INTERNATIONAL - TO RECEIVE GROSS AMOUNT OF $85 MILLION WITH NET PRESENT VALUE OF $70 MILLION, FROM DEEPWATER HORIZON SETTLEMENT PROGRAM.NAVISTAR INTERNATIONAL - NET PRESENT VALUE OF SETTLEMENT RELATING TO ALABAMA FACILITY WILL BE RECORDED IN Q3 2018 FINANCIAL RESULTS.  Full Article

Navistar International Sees FY Revenue $9.25 Bln To $9.75 Bln
Thursday, 8 Mar 2018 

March 8 (Reuters) - Navistar International Corp ::SEES FY REVENUE $9.25 BILLION TO $9.75 BILLION.2018 ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN $700 MILLION AND $750 MILLION..RAISES 2018 FULL-YEAR GUIDANCE.SEES 2018 CAPITAL EXPENDITURES $200 MILLION.NAVISTAR - Q1 2018 RESULTS INCLUDED $46 MILLION OF CHARGES AS A RESULT OF CO'S DEBT REFINANCING IN NOVEMBER 2017.FY2018 REVENUE VIEW $9.56 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Navistar to build new truck plant in Texas, aims to boost margins

LISLE, Ill., Sept 19 U.S. truck maker Navistar International Corp said on Thursday it will invest more than $250 million in a new, more efficient truck plant in San Antonio, Texas, that will produce three different sized trucks and create around 600 jobs.