Meritor (MTOR) Misses Q1 EPS by 4c

Meritor (NYSE: MTOR) reported Q1 EPS of $0.33, $0.04 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $809 million versus the consensus estimate of $845.94 million.

GUIDANCE:

Meritor sees FY2016 EPS of $1.65-$1.75, versus prior guidance of $1.70-$1.80 and the consensus of $1.64. Meritor sees FY2016 revenue of $3.4 billion, versus prior guidance of $3.4-3.5 billion and the consensus of $3.43 billion.

For earnings history and earnings-related data on Meritor (MTOR) click here.

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