Meritor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 02, 2022 at 04:23 pm EDT
Meritor, Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was USD 1,212 million compared to USD 1,016 million a year ago. Net income was USD 73 million compared to USD 42 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 0.58 a year ago. Basic earnings per share was USD 1.03 compared to USD 0.58 a year ago. Diluted earnings per share was USD 1.02 compared to USD 0.58 a year ago.
For the nine months, sales was USD 3,350 million compared to USD 2,888 million a year ago. Net income was USD 189 million compared to USD 137 million a year ago. Basic earnings per share from continuing operations was USD 2.67 compared to USD 1.9 a year ago. Diluted earnings per share from continuing operations was USD 2.63 compared to USD 1.87 a year ago. Basic earnings per share was USD 2.68 compared to USD 1.9 a year ago. Diluted earnings per share was USD 2.64 compared to USD 1.87 a year ago.