** charts after earnings **
Navistar reports net loss, adj. EBITDA in-line with guidance, misses on revs; guides FY16 :
- Reports Q4 (Oct) loss of $0.62 per share, including items, may not compare to the Capital IQ Consensus of $0.63; revenues fell 17.3% year/year to $2.49 bln vs the $2.55 bln Capital IQ Consensus. Higher Class 6/7 medium and bus chargeouts in the company's Core (U.S. and Canada) market were more than offset by reduced volumes in the company's export and global operations, lower Class 8 truck chargeouts in its Core market, and Navistar's exit earlier this year from the Blue Diamond Truck joint venture.
- Adj. EBITDA $209 mln vs. $175-225 mln guidance.
- Navistar finished the fourth quarter 2015 with $1.01 billion in manufacturing cash, cash equivalents and marketable securities.
- Forecasts retail deliveries of Class 6-8 trucks and buses in the United States and Canada will be in the range of 350,000 units to 380,000 units for fiscal year 2016. Full-year 2016 revenues to be between $9.5 - $10.0 billion. Full-year 2016 adjusted EBITDA of $600 - $700 million.
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