Meritor (MTOR) Reaffirms FY12 Outlook

Meritor, Inc. (NYSE: MTOR) is reaffirming its fiscal year 2012 guidance for the following results from continuing operations:

• Revenue to be approximately $4.8 billion.
  
  
• Adjusted EBITDA margin in the range of 8.2 percent to 8.6 percent.
  
  
• Adjusted income from continuing operations in the range of $105 million to $135 million.
  
  
• Adjusted earnings per share in the range of $1.08 to $1.39.
  
  
• Free cash flow before restructuring payments in the range of $25 million to $75 million.
  
  
• Effective tax rate of approximately 40 percent.

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