Adient PLC expected to post earnings of 38cents a share - Earnings Preview

Adient

03/02/2023 13:37

* Adient PLC  ADNT.N   ADNT.K  is expected to show a rise in
quarterly revenue when it reports  results on February 7. 
    * The Dublin-based  company is expected to report  a
4.9% increase
in revenue to $3.649 billion from $3.48 billion a year ago,
according to the mean estimate from 6 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Adient PLC is for
earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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
$46​, below​ its last closing price of $46.52. ​​​

The company's guidance on November 4 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD200 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.51        0.51       0.53      Beat    3.3
 Jun. 30 2022  -0.13       -0.07      0.08      Beat    210.8
 Mar. 31 2022  -0.05       -0.06      -0.13     Missed  -133.8
                                                        ​
 Dec. 31 2021  -0.28       -0.24      -0.38     Missed  -55.1
 ​​Sep.        -0.65       -0.59      -0.24     Beat    59.5
 30 2021                                                
 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. 31 2020  0.96        0.90       1.71      Beat    90.5
 This summary was machine generated February 3 at 13:37 GMT.  All
figures in US dollars  unless otherwise stated