Navistar Reports First Quarter 2021 Results
LISLE, Ill., March 9, 2021 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced a first quarter 2021 net loss of $81 million, or $0.81 per diluted share, compared to first quarter 2020 net loss of $36 million, or $0.36 per diluted share. The loss in the first quarter of 2021 included $86 million of tax-effected significant items.
First quarter 2021 adjusted net income was $5 million compared to a loss of $33 million a year ago.
Revenues in the quarter were $1.8 billion, comparable to the first quarter last year. Chargeouts in the company's Core (Class 6-8 trucks and buses in the United States and Canada) market were 10,600 units in the first quarter of 2021.
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