Meritor: Q2 Earnings Insights

Meritor 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.

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.

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.