Adient PLC reports results for the quarter ended in March - Earnings Summary

Adient

05/05/2022 18:29

* Adient PLC  ADNT.N  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 6
cents per share.
    * Revenue fell 8.2% to $3.51 billion from a year ago; 
analysts
expected $3.46 billion. 
    * Adient PLC's reported EPS for the quarter was a loss of 85
cents​.
    * The mean earnings estimate of analysts had fallen by
about 116.7% in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Adient PLC shares had fallen by 10.1% this quarter and
lost 23.4% so far this year.
    * The company reported a quarterly loss of $81 million.
    * Wall Street's median 12-month price target for Adient PLC
is
$47.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated May 5 at 05:29 p.m.  ​All
figures in US dollars unless otherwise stated