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

Adient

04/11/2022 13:31

* Adient PLC  ADNT.N  reported quarterly adjusted earnings
of 53
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
51 cents per share.
    * Revenue rose 31.7% to $3.65 billion from a year ago;
analysts
expected $3.52 billion. 
    * Adient PLC's reported EPS for the quarter was 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Adient PLC shares had risen by 19.8% this quarter and
lost 30.6%
so far this year.
    * The company reported quarterly net income of $45 million.
    * Wall Street's median 12-month price target for Adient PLC
is
$37.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.51           0.53           Beat
 Jun. 30 2022      -0.07          0.08           Beat
 Mar. 31 2022      -0.06          -0.13          Missed
 Dec. 31 2021      -0.24          -0.38          Missed