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Home  >  accounting in austin  >  Navistar reports profits in Q4

Navistar reports profits in Q4

Posted on Wednesday, December 21st, 2011 at 6:00 pm.

The trucking company, Navistar International, has reported an increase in profits for their fourth quarter.

This increase has been attributed to higher sales as well as  better margins for the trucking company. One share for the company went up in price to $39.04, which is a raise of 6.84 percent.

The net income for the company was recorded at $255 million and revenues were $4.3 billion, up $1 billion from the previous year. The company is hopeful to continue their success into the 2012 fiscal year.

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