Meritor (MTOR) Tops Q1 EPS by 6c; Guides In-Line

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Go back to Meritor (MTOR) Tops Q1 EPS by 6c; Guides In-Line

Meritor Reports First-Quarter Fiscal Year 2017 Results

February 1, 2017 8:00 AM EST

TROY, Mich., Feb. 1, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2016.

First-Quarter Highlights

Sales of $699 million. Net income attributable to the company and net income from continuing operations attributable to the company of $15 million each. Diluted earnings per share from continuing operations of $0.17. Adjusted income from continuing operations attributable to the company of $22 million, or $0.25 per adjusted diluted share. Adjusted EBITDA of $64 million and Adjusted EBITDA margin of 9.2... More