Benzinga | Aug 4, 2021 06:46AM EDT

Meritor Q3 Adj. EPS $0.62 Beats $0.50 Estimate, Sales $1.02B Beat $923.87M Estimate

Meritor (NYSE:MTOR) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.50 by 24 percent. This is a 231.91 percent increase over losses of $(0.47) per share from the same period last year. The company reported quarterly sales of $1.02 billion which beat the analyst consensus estimate of $923.87 million by 9.97 percent. This is a 97.67 percent increase over sales of $514.00 million the same period last year.