Adient PLC expected to post earnings of 47 cents a share - Earnings Preview

Adient

05/02/2024 13:50

* Adient PLC  ADNT.N   ADNT.K  is expected to show a rise in
quarterly revenue when it reports  results on February 7 for the
period ending December 31 2023
    * The Dublin-based  company is expected to report a
0.2% increase
in revenue to $3.707 billion from $3.7 billion a year ago,
according to the mean estimate from 6 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Adient PLC is for
earnings of
47 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 3 "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
$39.00​, above​ its last closing price of $35.52. ​​​

The company's guidance on January 22 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD215 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.38        0.38       0.34      Missed  -10.2
 ​​Sep.        0.51        0.51       0.53      Beat    3.3
 30 2022                                                
 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
 This summary was machine generated February 5 at 13:50 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)