Adient PLC expected to post earnings of 43  cents a share - Earnings Preview

Adient

01/05/2023 18:13

* Adient PLC  ADNT.N   ADNT.K  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The Dublin-based  company is expected to report  a
7.2% increase
in revenue to $3.757 billion from $3.51 billion a year ago,
according to the mean estimate from 8 analysts, based on
Refinitiv data. The company's guidance on February 7 2023, for
the period ended March 31, was for revenue of $3.700 billion.
    * ​Refinitiv's mean analyst estimate for Adient PLC is for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 10.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Adient PLC
is
$49​, above​ its last closing price of $36.94. ​​​

The company's guidance on February 7 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD212 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  
 Dec. 31 2022  0.38        0.38       0.34      Missed  -10.2
 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.        -0.28       -0.24      -0.38     Missed  -55.1
 31 2021                                                
 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
 This summary was machine generated May 1 at 17:13 GMT.  All
figures in US dollars  unless otherwise stated