Meritor (MTOR) Misses Q2 EPS by 1c; FY16 Outlook Trimmed

Meritor (NYSE: MTOR) reported Q2 EPS of $0.41, $0.01 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $821 million versus the consensus estimate of $836.91 million.

GUIDANCE:

Meritor sees FY2016 EPS of $1.55-$1.65, versus prior guidance of $1.65-$1.75 and the consensus of $1.60. Meritor sees FY2016 revenue of $3.275 billion, versus prior guidance of $3.40 billion and the consensus of $3.33 billion.

For earnings history and earnings-related data on Meritor (MTOR) click here.

You May Also Be Interested In

• Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• DeFi Technologies Inc. (DEFT) Reports Q2 Loss of $0.04