Adient PLC expected to post a loss of 6  cents a share - Earnings Preview

Adient

03/05/2022 19:35

* Adient PLC  ADNT.N   ADNT.K  is expected to show a fall in
quarterly revenue when it reports  results on May 5. 
    * The Dublin-based  company is expected to report  a
9.4% decrease
in revenue to $3.461 billion from $3.82 billion a year ago,
according to the mean estimate from 9 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Adient PLC is for a
loss
of 6 cents per share. For the same quarter last year, the
company reported earnings of $1.15 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Adient PLC
is
$48.5​, above​ its last closing price of $34.90. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.28       -0.24      -0.38     Missed  -55.1
 Sep. 30 2021  -0.65       -0.59      -0.24     Beat    59.5
 Jun. 30 2021  0.14        0.17       -0.53     Missed  -418.7
                                                        ​
 Mar. 31 2021  0.57        0.56       1.15      Beat    105.8
 ​​Dec.        0.96        0.90       1.71      Beat    90.5
 31 2020                                                
 Sep. 30 2020  0.93        0.71       1.15      Beat    61.1​
 Jun. 30 2020  -2.09       -2.08      -2.78     Missed  -33.6
 Mar. 31 2020  0.25        0.00       0.62      Beat    36,370
                                                        .6
 This summary was machine generated May 3 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated