Meritor Reports Fourth-Quarter and Fiscal Year 2020 Results
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Meritor (MTOR) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus
November 12, 2020 6:47 AM ESTMeritor (NYSE: MTOR) reported Q4 EPS of $0.11, $0.08 better than the analyst estimate of $0.03. Revenue for the quarter came in at $758 million versus the consensus estimate of $702.1 million.
Fourth-Quarter Highlights
Sales were $758 millionNet income attributable to Meritor and net income from continuing operations attributable to Meritor were each $1 millionDiluted earnings per share from continuing operations was $0.01Adjusted income from... More