January 31, 2018 / 11:52 AM / 7 months ago

BRIEF-Meritor Reports Q1 Loss Per Share $0.40 From Continuing Operations

Jan 31 (Reuters) - Meritor Inc:

* MERITOR REPORTS FIRST-QUARTER FISCAL YEAR 2018 RESULTS

* Q1 SALES ROSE 29 PERCENT TO $903 MILLION

* SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.50 TO $2.70 FROM CONTINUING OPERATIONS

* SEES FY 2018 REVENUE $3.8 BILLION TO $3.9 BILLION

* Q1 ADJUSTED EARNINGS PER SHARE $0.62 FROM CONTINUING OPERATIONS

* SEES ‍ 2018 OPERATING CASH FLOW TO BE IN RANGE OF $210 MILLION TO $225 MILLION​

* SEES ‍2018 FREE CASH FLOW TO BE IN RANGE OF $110 MILLION TO $125 MILLION​

* Q1 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $841.6 MILLION — THOMSON REUTERS I/B/E/S

* FY2018 EARNINGS PER SHARE VIEW $2.43, REVENUE VIEW $3.78 BILLION — THOMSON REUTERS I/B/E/S

* SEES 2018 ADJUSTED EBITDA MARGIN TO BE IN THE RANGE OF 11.0 PERCENT TO 11.2 PERCENT Source text for Eikon: Further company coverage:

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