Meritor (MTOR) Tops Q3 EPS by 18c

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Go back to Meritor (MTOR) Tops Q3 EPS by 18c

Meritor Reports Third-Quarter Fiscal Year 2017 Results

August 2, 2017 8:00 AM EDT

TROY, Mich., Aug. 2, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2017.

Third-Quarter Highlights

Sales of $920 million Net income attributable to the company of $48 million and net income from continuing operations attributable to the company of $49 million Diluted earnings per share from continuing operations of $0.52 Adjusted income from continuing operations attributable to the company of $60 million, or $0.64 of Adjusted diluted earnings per share Adjusted EBITDA of $103 million and Adjusted EBITDA margin of 11.2... More