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Commercial vehicle parts manufacturer Meritor (MTOR) drops 12.5% after reporting FQ3 revenue of...

Commercial vehicle parts manufacturer Meritor (MTOR) drops 12.5% after reporting FQ3 revenue of $1.29B (+33% Y/Y) and adjusted EPS of $0.26, below a consensus of $1.31B and $0.29. Free cash flow (FCF) was -$1M. The company expects FQ4 revenue of $1.175B-$1.275B, compared with a consensus of $1.25B. (PR)
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