Core Insights - Adient reported a Q1 2024 GAAP net income of $20 million and diluted EPS of $0.21, with an adjusted EPS of $0.31 [1] - The company achieved an adjusted EBITDA of $216 million, reflecting a year-over-year increase of $4 million, marking the seventh consecutive quarter of improvement [1] - As of December 31, 2023, Adient's gross debt and net debt were approximately $2.5 billion and $1.6 billion, respectively, with cash and cash equivalents totaling $990 million [1] - Adient executed $100 million in share repurchases, retiring around 3 million shares during the quarter [1] - The company is building on positive momentum from FY23, anticipating improved year-over-year earnings and margins in FY24 [1] Company Overview - Adient is a global leader in automotive seating, employing over 70,000 people across 29 countries and operating more than 200 manufacturing and assembly plants worldwide [3] - The company produces and delivers automotive seating for all major OEMs, covering the entire seat-making process from research and design to engineering and manufacturing [3]

Core Insights - Adient (ADNT) is expected to report quarterly earnings of $0.47 per share, reflecting a year-over-year increase of 38.2% [1] - Anticipated revenues for the quarter are projected at $3.72 billion, showing a slight increase of 0.5% compared to the previous year [1] - The consensus EPS estimate has been revised downward by 38.6% in the past 30 days, indicating a reassessment by analysts [1] Revenue Estimates - The consensus estimate for 'Net Sales- Asia' is $844.49 million, indicating a year-over-year change of +2.9% [2] - 'Net Sales- America' is forecasted to reach $1.64 billion, suggesting a decline of -4.8% year over year [2] - The average prediction for 'Net Sales- EMEA' stands at $1.25 billion, reflecting a year-over-year increase of +6.1% [2] Production Estimates - 'Light Vehicle Production - North America' is estimated to reach 3.71 million, up from 3.6 million in the same quarter last year [2] - 'Light Vehicle Production - China' is projected at 6.19 million, down from 7.2 million in the same quarter last year [3] - 'Light Vehicle Production - EMEA' is estimated at 4.60 million, compared to 4.2 million in the same quarter last year [3] EBITDA Estimates - 'Adjusted EBITDA- Americas' is expected to be $57.25 million, down from $69 million in the same quarter last year [3] - 'Adjusted EBITDA- Asia' is projected to reach $149.72 million, compared to $138 million in the same quarter last year [3] - 'Adjusted EBITDA- EMEA' is estimated at $40.99 million, up from $28 million in the same quarter last year [4] Stock Performance - Adient shares have changed by +0.9% in the past month, compared to a +5.3% move of the Zacks S&P 500 composite [4] - The company holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [4]

Wall Street expects a year-over-year increase in earnings on higher revenues when Adient (ADNT) reports results for the quarter ended December 2023. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. On ...

Key PointsAdient is the world's largest automotive seat manufacturer, serving major automotive manufacturers like General Motors, Ford, Stellantis, Toyota, and Volkswagen.Adient lowered its fiscal Q1 2024 earnings forecast, but shares rallied as markets expected worse.Adient expects to improve sales and margins in fiscal 2024.5 stocks we like better than AdientAdient PLC NYSE: ADNT is one of the largest manufacturers of automotive seating and interior systems in the world. The company designs complete seat ...

     Adient to announce Q1FY24 financial results on Feb. 7, 2024 PLYMOUTH, Mich., Jan. 22, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today reported certain unaudited preliminary financial results for the quarter ended Dec. 31, 2023.  Revenue in Q1FY24 is expected to be approximately $3.7B, or about flat vs. Q1FY23.  Q1FY24 Adjusted EBITDA is expected to be approximately $215M, versus $212M in the prior-year quarter. Additional details related to Adient's first quarter ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 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 jurisdiction o ...

Adient plc (NYSE:ADNT) Q4 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Mark Oswald - Vice President, Investor Relations and Corporate Communications Doug Del Grosso - President and Chief Executive Officer Jerome Dorlack - Executive Vice President and Chief Financial Officer Conference Call Participants Colin Langan - Wells Fargo Securities Rod Lache - Wolfe Research John Murphy - Bank of America Merrill Lynch Emmanuel Rosner - Deutsche Bank James Picariello - BNP Paribas Op ...

FY 2023 Fourth Quarter Earnings Call November 8, 2023 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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 jurisdictio ...