Meritor (MTOR) Tops Q2 EPS by 8c, Revenues Beat; Offers FY21 EPS/Revenues Outlook
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Meritor Reports Second-Quarter Fiscal Year 2021 Results
May 4, 2021 6:45 AM EDTTROY, Mich., May 4, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2021.
Second-Quarter Highlights
Sales of $983 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $63 million Diluted earnings per share from continuing operations of $0.86 Adjusted income from continuing operations attributable to the company of $50 million, or $0.68 per adjusted diluted share Adjusted EBITDA of $111 million and adjusted EBITDA margin of 11.3 percent Operating cash flow of $63 million Free... More