Meritor (NYSE:MTOR) reported its Q2 earnings results on Tuesday, May 3, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Meritor beat estimated earnings by 10.11%, reporting an EPS of $0.98 versus an estimate of $0.89.
Revenue was up $171.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 0.9% increase in the share price the next day.
Here's a look at Meritor's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.49 | 0.50 | 0.61 |
| EPS Actual | 0.80 | 0.80 | 0.62 | 0.68 |
| Revenue Estimate | 987.32M | 975.83M | 923.87M | 937.42M |
| Revenue Actual | 984.00M | 945.00M | 1.02B | 983.00M |
To track all earnings releases for Meritor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
