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

Adient

03/05/2023 14:33

* Adient PLC  ADNT.N  reported quarterly adjusted earnings
of 32
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
43 cents per share.
    * Revenue rose 11.6% to $3.91 billion from a year ago;
analysts
expected $3.76 billion. 
    * Adient PLC's reported EPS for the quarter was a loss of 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Adient PLC shares had fallen by 9.3% this quarter and
gained 7.1% so far this year.
    * The company reported a quarterly loss of $15 million.
    * Wall Street's median 12-month price target for Adient PLC
is
$49.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.43           0.32           Missed
 Dec. 31 2022      0.38           0.34           Missed
 Sep. 30 2022      0.51           0.53           Beat
 Jun. 30 2022      -0.07          0.08           Beat