Meritor Reports Third-Quarter Fiscal Year 2020 Results
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Meritor (MTOR) Misses Q3 EPS by 1c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus
July 29, 2020 6:51 AM EDTMeritor (NYSE: MTOR) reported Q3 EPS of ($0.47), $0.01 worse than the analyst estimate of ($0.46). Revenue for the quarter came in at $514 million versus the consensus estimate of $455.64 million.
Third-Quarter Highlights
Sales of $514 millionNet loss attributable to Meritor and net loss from continuing operations attributable to Meritor were $36 millionDiluted loss per... More