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CHICAGO, June 10 (Reuters) – Navistar International Corp
posted a wider quarterly loss on Monday, attributing it
to higher warranty costs and lower sales volumes.
The U.S. truck and engine maker said it lost $374 million,
or $4.65 a share, during the fiscal second quarter. During the
comparable period last year, it posted a loss of $172 million,
or $2.50 per diluted share.
Revenue fell 23 percent to $2.5 billion.
Analysts, on average, had expected the Lisle, Illinois-based
company to report a loss of $1.13 a share, according to Thomson
Reuters I/B/E/S.
