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Stock news
Meritor (MTOR) projects sales in the range of $3.65-$3.8 billion for fiscal 2021, up from the prior estimate of $3.1-$3.35 billion.
Meritor Inc. (NYSE: MTOR) will begin producing a fully integrated all-electric powertrain for heavy-duty trucks, freeing up space for additional batteries while cutting up to 800 pounds from the weight of a conventional chassis. "We're not just bolting that onto our axle. We're integrating it, and that saves space and it saves weight," said John Bennett, Meritor vice president and chief technology officer. "To do that effectively and reliably is no small task." Bennett claims the Blue Horizon 14...
Meritor (MTOR) delivered earnings and revenue surprises of 1.69% and 9.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / February 3, 2021 / Meritor, Inc. (NYSE:MTOR) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on February 3, 2021 at 9:00 AM Eastern Time.
Shares of Meritor (NYSE:MTOR) were flat in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 6.25% year over year to $0.60, which beat the estimate of $0.39. Revenue of $889,000,000 declined by 1.33% year over year, which beat the estimate of $824,370,000. Guidance Meritor said it sees FY21 EPS of $2.25-$2.50 and sales of $3.65 billion-$3.8 billion. Conference Call Details Date: Feb 03, 2021 View more earnings on MTOR Time: 09:00 AM ET Webcast UR...
Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended Dec. 31, 2020.
Meritor, Inc. (NYSE: MTOR) today announced that production of its 14Xe™ all-electric, fully integrated, commercial electric powertrain for medium- and heavy-duty commercial vehicles will begin mid-2021.