Adient PLC expected to post earnings of 42 cents a share - Earnings Preview

Adient

01/05/2024 14:07

* Adient PLC  ADNT.N   ADNT.K  is expected to show a fall in
quarterly revenue when it reports  results on May 3 for the
period ending January 1 0001
    * The Dublin-based  company is expected to report a
3.2% decrease
in revenue to $3.787 billion from $3.91 billion a year ago,
according to the mean estimate from 8 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Adient PLC is for
earnings of
42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Adient PLC
is
$36.50​, above​ its last closing price of $29.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.44        0.47       0.31      Missed  -34.4
 Sep. 30 2023  0.58        0.58       0.51      Missed  -12.4
 Jun. 30 2023  0.47        0.46       0.98      Beat    114.6​
 Mar. 31 2023  0.44        0.43       0.32      Missed  -24.8
 ​​Jan.        0.38        0.38       0.34      Missed  -10.2
 1 0001                                                 
 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
 This summary was machine generated May 1 at 13:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)