Meritor MTOR unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement
Earnings and Revenue
Sell-side analysts expect Meritor's EPS to be near 65 cents per share on sales of $975.4 million.
In the same quarter last year, Meritor posted a profit of 35 cents on sales of $806 million. If the company were to match the consensus estimate, earnings would be up 85.71 percent. Revenue would be up 21.02 percent from the same quarter last year. Meritor's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.44 | 0.44 | 0.46 | 0.35 |
EPS Actual | 0.62 | 0.62 | 0.64 | 0.35 |
Stock Performance
Over the last 52-week period, shares of Meritor are up 9.27 percent. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The average rating by analysts on Meritor stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Meritor's Q2 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/zu2n7yhf
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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