Meritor (MTOR) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus

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Go back to Meritor (MTOR) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus

Meritor Reports Fourth-Quarter and Fiscal Year 2020 Results

November 12, 2020 6:45 AM EST

TROY, Mich., Nov. 12, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced reported financial results for its fourth quarter and full fiscal year ending Sept. 30, 2020.

Fourth-Quarter Highlights

Sales were $758 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor were each $1 million Diluted earnings per share from continuing operations was $0.01 Adjusted income from continuing operations attributable to Meritor was $11 million, or $0.15 of adjusted diluted earnings per share Adjusted EBITDA was $60 million Adjusted EBITDA margin was 7.9 percent

Fourth-Quarter... More