Meritor Reports Second-Quarter Fiscal Year 2021 Results

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Meritor (MTOR) Tops Q2 EPS by 8c, Revenues Beat; Offers FY21 EPS/Revenues Outlook

May 4, 2021 6:55 AM EDT

Meritor (NYSE: MTOR) reported Q2 EPS of $0.68, $0.08 better than the analyst estimate of $0.60. Revenue for the quarter came in at $983 million versus the consensus estimate of $937.42 million.

Second-Quarter Highlights

Sales of $983 millionNet income attributable to Meritor and net income from continuing operations attributable to Meritor of $63 millionDiluted earnings per share from continuing operations of $0.86Adjusted... More