ARM Holdings Plc (ARM)

[ScovilleUnits]

Q3 Adj EPS (39c) vs 66c Misses (33c) Est; Guidance Comments

Tuesday , August 04, 2009 08:49ET

QUARTER RESULTS
ArvinMeritor Incorporated (ARM) reported Q3 results ended June 2009. Q3 Revenues were $993.00M; -47.10% vs yr-ago; MISSING revenue consensus by -13.42%. Q3 EPS was ($2.23). Adjusted Q3 EPS was (39c); -159.09% vs yr-ago; MISSING earnings consensus by -18.18%.

Q3 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $993.00M    $1,877.00M     -47.10%    $1,146.94M     -13.42% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:             ($2.23)           N/A         N/A           N/A         N/A 
 Adj EPS:           (39c)           66c    -159.09%         (33c)     -18.18% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE
Q4-09 Revenue Outlook : ARM expects Q4 revenue to be slightly lower than Q3, due largely to seasonal patterns
Q4-09 Earnings Outlook : ARM expects Q4 loss per share, before special items, to be greater than Q3.

ADDITIONAL COMMENTARY:
The Company expects Q3 free cash flow, before factoring and restructuring, to be slightly negative, and total free cash flow to be negative.

ORIGINAL EARNINGS RELEASE ~ http://www.knobias.com/story.htm?eid=3.1.31ef936c731eabbb338a0d5a6bfe2d2f24a1c54290bf63252976ba194f94271a
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.