Adient PLC reports results for the quarter ended December 31 - Earnings Summary

Adient

28/01/2025 14:31

* Adient PLC  ADNT.N  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 31
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 19 cents per share. Wall Street expected
results to range from 2 cents to 40 cents per share.
    * Revenue fell 4.5% to $3.50 billion from a year ago;
analysts
expected $3.43 billion. 
    * Adient PLC's reported EPS for the quarter was breakeven
results​.
    * The company reported break even results for the quarter.
    * Adient PLC shares had risen by 0.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 64.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Adient PLC is
$19.50 
This summary was machine generated from LSEG data January 28 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.19           0.27           Beat
 Sep. 30 2024      0.52           0.68           Beat
 Jun. 30 2024      0.62           0.32           Missed
 Mar. 31 2024      0.42           0.54           Beat