Meritor: Q2 Earnings Insights

 

Shares of Meritor (NYSE:MTOR) were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 8.11% over the past year to $0.68, which beat the estimate of $0.61.

Revenue of $983,000,000 higher by 12.86% year over year, which beat the estimate of $937,420,000.

Guidance

Meritor reaffirmed FY21 guidance.

Conference Call Details

Date: May 04, 2021

Time: 09:00 AM

ET Webcast URL: https://investors.meritor.com/events

Technicals

Company's 52-week high was at $33.56

Company's 52-week low was at $15.72

Price action over last quarter: down 9.49%

Company Description

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