Meritor (MTOR) Tops Q1 EPS by 29c, Updates Guidance
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Meritor Reports First-Quarter Fiscal Year 2021 Results
February 3, 2021 6:51 AM ESTTROY, Mich., Feb. 3, 2021 /PRNewswire/ --Â Meritor, Inc. (NYSE:Â MTOR) today reported financial results for its first fiscal quarter that ended Dec. 31, 2020.
First-Quarter Highlights
Sales of $889 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $32 million Diluted earnings per share from continuing operations of $0.44 Adjusted income from continuing operations attributable to the company of $44 million, or $0.60 per adjusted diluted share Adjusted EBITDA of $102 million and adjusted EBITDA margin of 11.5 percent Operating cash flow of $44 million Free cash flow... More