Meritor (MTOR) Tops Q3 EPS by 13c

Go back to Meritor (MTOR) Tops Q3 EPS by 13c

Meritor Reports Third-Quarter Fiscal Year 2018 Results

August 1, 2018 6:45 AM EDT

TROY, Mich., Aug. 1, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2018.

Third-Quarter Highlights

Sales of $1,129 million Net income attributable to the company of $64 million and net income from continuing operations attributable to the company of $66 million Diluted earnings per share from continuing operations of $0.73 Adjusted income from continuing operations attributable to the company of $80 million, or $0.89 of adjusted diluted earnings per share Adjusted EBITDA of $135 million and adjusted EBITDA margin of 12.0 percent Repurchased 1.4 million common... More