Meritor (MTOR) Tops Q1 EPS by 6c; Guides In-Line

Meritor (NYSE: MTOR) reported Q1 EPS of $0.25, $0.06 better than the analyst estimate of $0.19. Revenue for the quarter came in at $699 million versus the consensus estimate of $723.31 million.

GUIDANCE:

Meritor sees FY2017 EPS of $1.20-$1.40, versus the consensus of $1.30. Meritor sees FY2017 revenue of $3-3.1 billion, versus the consensus of $3.04 billion.

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

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