Meritor Reports Second-Quarter Fiscal Year 2020 Results
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Meritor (MTOR) Tops Q2 EPS by 28c, Revenues Beat; Offers 3Q Revenue Guidance Below Consensus
April 30, 2020 6:49 AM EDTMeritor (NYSE: MTOR) reported Q2 EPS of $0.74, $0.28 better than the analyst estimate of $0.46. Revenue for the quarter came in at $871 million versus the consensus estimate of $862.3 million.
Second-Quarter Highlights
Sales of $871 millionNet income attributable to Meritor was $241 million and net income from continuing operations attributable to Meritor was $240 millionDiluted earnings per share from continuing operations of $3.19Adjusted income from continuing operations attributable to... More