Adient (ADNT) reported adjusted earnings per share (EPS) of 32 cents for the third quarter of fiscal 2024. Earnings fell from 98 cents recorded in the year-ago period and missed the Zacks Consensus Estimate of 67 cents.The company generated net sales of $3.72 billion, which decreased 8% year over year and missed the Zacks Consensus Estimate of $3.81 billion.Segmental PerformanceAdient currently operates through three reportable segments — Americas, including North America and South America; Europe, which in ...

Makhbubakhon Ismatova/iStock via Getty Images Adient plc (NYSE:ADNT) stock is still assigned a Hold investment rating. ADNT's Q3 FY 2024 (YE September 30, 2024) results fell short of expectations due to the weakness associated with its EMEA (Europe, Middle East, and Africa) business operations. But a turnaround for Adient in FY 2025 is likely, taking into account the European automotive industry's positive outlook and the company's intention to enhance the future profitability of its business in Europe. ...

Adient (ADNT) reported $3.72 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.4%. EPS of $0.32 for the same period compares to $0.98 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.81 billion, representing a surprise of -2.53%. The company delivered an EPS surprise of -52.24%, with the consensus EPS estimate being $0.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37757 Adient plc (exact name of Registrant as specified in its charter) Ireland 98-1328821 (State or other jurisdicti ...

Adient (ADNT) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -52.24%. A quarter ago, it was expected that this automotive seating and interiors supplier would post earnings of $0.39 per share when it actually produced earnings of $0.54, delivering a surprise of 38.46%.Over the last f ...

Exhibit 99.1 4DIENT PRESS RELEASE Aug. 6, 2024 Adient reports Q3 financial results; provides update to FY24 outlook Q3 GAAP net loss and EPS diluted of $(11)M and $(0.12), respectively; Q3 Adj.-EPS diluted of $0.32 > > Q3 Adj.-EBITDA of $202M — quarterly results impacted by lower customer production > Gross debt and net debt totaled ~$2.5B and ~$1.6B, respectively, at June 30, 2024; cash and cash equivalents of $890M at June 30, 2024 > Generated free cash flow (operating cash flow less CapEx) of $88M > Exec ...

PLYMOUTH, Mich., Aug. 6, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2024 financial results.Q3 GAAP net loss and EPS diluted of $(11)M and $(0.12), respectively; Q3 Adj.-EPS diluted of $0.32Q3 Adj.-EBITDA of $202M — quarterly results impacted by lower customer productionGross debt and net debt totaled ~$2.5B and ~$1.6B, respectively, at June 30, 2024; cash and cash equivalents of $890M at June 30, 2024Generated free cash flow (operating ...

PLYMOUTH, Mich., Aug. 1, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will participate in the J.P. Morgan Auto Conference on Thursday, August 8, 2024. Adient's president and CEO, Jerome Dorlack, and executive vice president and CFO, Mark Oswald, will take part in a fireside chat at 10:15am eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (https://investors.adient.com/).About Adient:Adient (NYSE: ADNT) is a g ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Adient (ADNT) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key numbers are better than expectations. ...

PLYMOUTH, Mich., July 16, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will host a conference call on August 6, 2024 at 8:30 a.m. (ET) to discuss its third quarter fiscal 2024 financial results.A link to the live webcast of the call and presentation materials will be available on the Adient Investor Relations website (http://investors.adient.com). A replay will be available at the same site.To participate by telephone, please dial 888-455-2945 (U.S.) or 773-799-3947 (inte ...