Meritor (MTOR) Tops Q2 EPS by 13c; Boosts FY14 Outlook

Meritor (NYSE: MTOR) reported Q2 EPS of $0.22, $0.13 better than the analyst estimate of $0.09. Revenue for the quarter came in at $962 million versus the consensus estimate of $920.24 million.

Meritor sees FY2014 EPS of $0.50-$0.60, versus prior guidance of $0.3-$0.4 and the consensus of $0.46. Meritor sees FY2014 revenue of $3.75-3.8 billion, versus prior guidance of $3.7 billion and the consensus of $3.70 billion.

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

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