Goldman Sachs Revises ArvinMeritor 2011/2012 Estimates

ArvinMeritor Inc. ARM reported FY 4Q'10 EPS of $0.01 excl 1x items (and also excluding $7mn curtailment gain) “vs. our estimate of $0.02 and the Street estimate of ($0.02),” Goldman Sachs reports. “We are revising our 2011/2012 estimates to $1.03/$2.10 from $1.30/$2.36,” Goldman Sachs writes. “We are also introducing our FY2013 estimate of $2.89.” ArvinMeritor currently trades at $16.88.