Navistar's fourth-quarter net profit increased to $255 million

Navistar recently announced financial reports for the fourth quarter of the fiscal year and for the entire fiscal year.

In the fourth quarter of this year (as of October 31st), Navistar’s net profit was US$255 million, equivalent to diluted earnings of US$3.48 per share; net profit for the same period last year was US$44 million, diluted per share. After-profits were US$0.61. Adjusted net profit for the fourth quarter was US$247 million, and diluted earnings per share were US$3.37.

The net profit for the entire fiscal year 2011 totaled $1.7 billion, diluted earnings per share was $22.64; net profit for fiscal year 2010 was $223 million, and diluted earnings per share were $3.05. Fiscal 2011 adjusted net profit was $402 million, and diluted earnings per share was $5.28.