Overview
Adient Q3 adjusted EPS of $0.45 missed analyst expectations, per LSEG data
Adjusted EBITDA of $226 mln beat estimates, improving margins to 6.0%
Co repurchased $50 mln shares, reducing outstanding shares by 2.8 mln
Outlook
Adient raises FY25 revenue guidance to ~$14.4 bln
Company expects FY25 adj-EBITDA to reach ~$875 mln
Result Drivers
EBITDA MARGIN IMPROVEMENT - Co reports adjusted EBITDA margins improved from 5.4% to 6.0% y-o-y
SHARE REPURCHASE - Adient repurchased $50 mln of shares, reducing shares outstanding by 2.8 mln
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.45
$0.47 (10 Analysts)
Q3 Adjusted EBITDA
Beat
$226 mln
$208.90 mln (8 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for Adient PLC is $20.00, about 10.5% below its August 5 closing price of $22.11
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release: ID:nPn4v75kHa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)