Adient (ADNT) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Adient (ADNT) is expected to report quarterly earnings of $0.56 per share, reflecting a year-over-year increase of +9.8% despite anticipated revenues of $3.48 billion, which is a decrease of 6.6% from the previous year [3][10] - The consensus EPS estimate has been revised down by 7.61% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10] Earnings Expectations - The upcoming earnings report is scheduled for November 8, and the stock price may increase if actual results exceed expectations, while a miss could lead to a decline [2][10] - The Earnings ESP (Expected Surprise Prediction) for Adient is -8.52%, suggesting a lower Most Accurate Estimate compared to the Zacks Consensus Estimate, complicating predictions of an earnings beat [10] Historical Performance - In the last reported quarter, Adient was expected to post earnings of $0.67 per share but only achieved $0.32, resulting in a surprise of -52.24% [11] - Over the past four quarters, Adient has only beaten consensus EPS estimates once, indicating a challenging track record [12] Industry Context - American Axle & Manufacturing (AXL), another player in the automotive sector, is expected to report earnings of $0.01 per share, showing a year-over-year change of +109.1%, with revenues projected at $1.51 billion, down 2.5% from the previous year [16] - Despite a significant downward revision of 337.8% in the consensus EPS estimate for American Axle, it has a Zacks Rank of 2 (Buy), which may influence its earnings performance [17]