ArvinMeritor Ahead of Earnings

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ArvinMeritor Ahead of Earnings

Published on Monday, 02 August 2010 10:06 Written by Danny Miller

arm New York, August 2nd (TradersHuddle.com) - Shares of ArvinMeritor, Inc. (NYSE:ARM) are trading higher by +1.71% ahead of its quarterly earnings release. ArvinMeritor, the provider of automotive systems, modules and components for light vehicle, commercial truck, trailer and specialty original equipment manufacturers is expected to release its quarterly results on August 3^nd.

Wall Street Analysts consensus calls for a profit of $0.06 a share on $1.19 billion revenue.

ArvinMeritor estimates have a range of $0.13 a share. The high estimate calls for profit of $0.12 a share and the low estimate is calling for a loss of $-0.01 a share, a year ago for the quarter the company reported $-0.25 a share.

ArvinMeritor, Inc. (NYSE:ARM) is a global provider of automotive systems, modules and components for light vehicle, commercial truck, trailer and specialty original equipment manufacturers and related aftermarkets. The company also provides coil coating applications, including those for the transportation, appliance, construction, and furniture industries.

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