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

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

Meritor Reports Second-Quarter Fiscal Year 2019 Results

May 1, 2019 6:45 AM EDT

TROY, Mich., May 1, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2019.

Second-Quarter Highlights

Sales of $1,156 million Net income attributable to the company of $72 million and net income from continuing operations attributable to the company of $73 million Diluted earnings per share of $0.84 Adjusted income from continuing operations attributable to the company of $88 million, or $1.03 per adjusted diluted share Adjusted EBITDA of $139 million and adjusted EBITDA margin of 12.0 percent

Second-Quarter Results

For the second quarter of... More