Meritor (MTOR) Tops Q2 EPS by 28c, Revenues Beat; Offers 3Q Revenue Guidance Below Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
Meritor Reports Second-Quarter Fiscal Year 2020 Results
April 30, 2020 6:45 AM EDTTROY, Mich., April 30, 2020 /PRNewswire/ --Â Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2020.
Second-Quarter Highlights
Sales of $871 million Net income attributable to Meritor was $241 million and net income from continuing operations attributable to Meritor was $240 million Diluted earnings per share from continuing operations of $3.19 Adjusted income from continuing operations attributable to the company of $56 million, or $0.74 per adjusted diluted share Adjusted EBITDA of $107 million and adjusted EBITDA margin of 12.3 percent Received $265 million from the termination of its... More