Meritor Reports Fourth-Quarter and Fiscal Year 2016 Results

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Meritor (MTOR) Tops Q4 EPS by 6c; Guides FY17 EPS Below the Street

November 16, 2016 8:05 AM EST

Meritor (NYSE: MTOR) reported Q4 EPS of $0.34, $0.06 better than the analyst estimate of $0.28. Revenue for the quarter came in at $728 million versus the consensus estimate of $747.98 million.

GUIDANCE:

Meritor sees FY2017 EPS of $1.25-$1.40, versus the consensus of $1.53. Meritor sees... More