Meritor, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 8,796 million compared to USD 8,638 million a year ago. Net income was USD 726 million compared to USD 720 million a year ago. Basic earnings per share from continuing operations was USD 5.3 compared to USD 5.08 a year ago. Diluted earnings per share from continuing operations was USD 5.26 compared to USD 5.05 a year ago.
For the six months, sales was USD 17,199 million compared to USD 17,091 million a year ago. Net income was USD 2,719 million compared to USD 1,510 million a year ago. Basic earnings per share from continuing operations was USD 19.53 compared to USD 10.66 a year ago. Diluted earnings per share from continuing operations was USD 19.42 compared to USD 10.6 a year ago.