Meritor Reports Second-Quarter Fiscal Year 2019 Results

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Meritor (MTOR) Tops Q2 EPS by 13c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus, Affirms FY19 EPS Views Above Consensus

May 1, 2019 6:51 AM EDT

Meritor (NYSE: MTOR) reported Q2 EPS of $1.03, $0.13 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.11 billion.

Second-Quarter Highlights

Sales of $1,156 millionNet income attributable to the company of $72 million and net income from... More