Meritor Reaffirms Guidance for Fiscal Year 2012
Meritor, Inc. (NYSE: MTOR) announced today in connection with the Mid-America Trucking Show that it is reaffirming its fiscal year 2012 guidance for the following results from continuing operations:
Revenue to be approximately $4.8 billion. Adjusted EBITDA margin in the range of 8.2 percent to 8.6 percent. Adjusted income from continuing operations in the range of $105 million to $135 million. Adjusted earnings per share in the range of $1.08 to $1.39. Free cash flow before restructuring payments in the range of $25 million to $75 million. Effective tax rate of approximately 40 percent.
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