Auto parts maker ArvinMeritor ( ARM) reaffirmed earnings guidance.

The company said it expects second-quarter earnings from continuing operations, before special items, at the higher end of its previous forecast of 35 cents to 40 cents a share. Analysts polled by Thomson First Call were estimating earnings of 37 cents a share.

The company also backed its fiscal 2006 earnings estimate of $1.50 to $1.70 a share, before special items. Analysts surveyed by Thomson First Call forecast fiscal 2006 earnings of $1.61 a share.

"Continued strength in the North American commercial vehicle market during January and February, as well as ongoing operational improvements, reinforce our confidence that we will deliver earnings for the second fiscal quarter at the higher end of our previously issued guidance," the company said.

The company's stock was trading at $14.90, up 37 cents, or 2.6%.
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