Navistar International, the third-largest United States truck maker, on Friday said it swung to a quarterly profit from a year-ago loss on a lift in truck orders, according to Reuters.

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The company also said it expected to be profitable in the fourth quarter and in fiscal year 2004, the report added.

Reuters said Navistar, based in Warrenville, Illinois, posted net income of $US18 million, or 25 cents a share, in its fiscal third quarter, ended July 31, compared with a loss of $16 million, or 27 cents a share, a year ago as sales and revenue rose to $1.89 billion from $1.59 billion.

Excluding a one cent loss from discontinued operations, profit was 26 cents a share. Analysts had expected earnings of 25 cents a share, with estimates ranging from 18 cents to 30 cents, according to Reuters Research, a unit of Reuters Group Plc.

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