Meritor (MTOR) Tops Q3 EPS by 12c, Raises FY Guidance
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Meritor Reports Third-Quarter Fiscal Year 2021 Results
August 4, 2021 6:45 AM EDTTROY, Mich., Aug. 4, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021.
Third-Quarter Highlights
Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58 Adjusted income from continuing operations attributable to the company of $45 million, or $0.62 per adjusted diluted share Adjusted EBITDA of $107 million and adjusted EBITDA margin of 10.5 percent Operating cash flow of $39 million Free cash flow of... More