Published on 2 Jun 2022 on Zacks via Yahoo Finance
Meritor (MTOR) Up 0.5% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Meritor (MTOR). Shares have added about 0.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Meritor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Meritor Q2 Earnings & Sales Top Estimates, Increase Y/Y