Adient's Q3 profit misses expectations due to war-related headwinds
Adient's Q3 profit misses expectations due to war-related headwinds
Overview
Automotive seating supplier's Q3 adjusted EPS missed analyst expectations
Adjusted EBITDA was flat yr/yr despite ~$32 mln in temporary headwinds
Company repurchased $30 mln in shares during Q3
Outlook
Adient reaffirms earnings and free cash flow outlook for FY26
Result Drivers
TEMPORARY HEADWINDS - Co said ~$32 mln in temporary headwinds from Middle East conflict and customer/supplier inefficiencies affected results
Company press release: ID:nPn9BbRfZa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Adjusted EPS | Miss | $0.48 | $0.57 (12 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Adient PLC is $29.00, about 37.1% above its August 4 closing price of $21.16
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Adient
See all newsAdient PLC reports results for the quarter ended June 30 - Earnings Summary
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