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Jun 8, 2011

TRUCKMAKERS NEWS * USA - Earnings Preview for Navistar International

Warrenville,ILL,USA -Benzinga, by Nelson Hem -June 06, 2011: -- Navistar International is scheduled to report second-quarter fiscal 2011 results before the markets open on Tuesday, June 7...  During the three months that ended in April, the company received an order from the U.S. Army for troop transport vehicles to be used in Afghanistan and another for ambulances from the Marines. The revenue forecast for that period calls for an increase of 20.3% from the same period of last year to $3.3 billion. And sequential and year-over-year growth of revenues is projected for the current quarter as well...  Navistar International operates in four segments. The Truck segment makes and distributes trucks and buses for the common carrier and private carrier, military vehicles, and student and commercial transportation markets. The Engine segment designs and manufactures diesel engines for medium and heavy trucks, military vehicles and buses, as well as sells engines for industrial and agricultural applications. The Parts segment offers truck, trailer and engine service parts. The Financial Services segment provides retail, wholesale and lease financing services for its trucks and parts...  (Picture from i20.tinypic: Navistar's MaxxPro)

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