Meritor (MTOR) Tops Q4 EPS by 26c
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Meritor Reports Fourth-Quarter and Fiscal Year 2021 Results
November 17, 2021 6:45 AM ESTTROY, Mich., Nov. 17, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced financial results for its fourth quarter and full fiscal year ending September 30, 2021.
Fourth-Quarter Highlights
Sales were $945 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor were $62 million and $63 million, respectively Diluted earnings per share from continuing operations was $0.88 Adjusted income from continuing operations attributable to Meritor was $57 million, or $0.80Â of adjusted diluted earnings per share Adjusted EBITDA was $91 million Adjusted EBITDA margin was 9.6 percentFourth-Quarter... More
