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Adient (ADNT) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
AdientAdient(US:ADNT) ZACKSยท2024-11-07 15:20

Core Viewpoint - Adient (ADNT) is expected to report quarterly earnings of $0.56 per share, reflecting a 9.8% increase year-over-year, while revenues are forecasted to decline by 6.6% to $3.48 billion [1] Earnings Estimates - There has been a downward revision of 7.6% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Forecasts - Analysts project 'Net Sales- Asia' to reach $715.33 million, a decrease of 4.4% year-over-year [5] - 'Net Sales- Americas' is expected to be $1.74 billion, indicating a year-over-year decline of 5% [5] - 'Net Sales- EMEA' is forecasted to be $1.07 billion, reflecting a 9.2% decrease year-over-year [5] EBITDA Projections - 'Adjusted EBITDA- Americas' is projected at $89.61 million, down from $100 million reported in the same quarter last year [6] - 'Adjusted EBITDA- Asia' is expected to be $123.70 million, an increase from $113 million reported in the same quarter of the previous year [6] - 'Adjusted EBITDA- EMEA' is anticipated to be $27.91 million, significantly lower than the $48 million reported in the same quarter last year [7] Stock Performance - Adient shares have decreased by 7.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of 3.2% [7] - With a Zacks Rank 3 (Hold), ADNT is expected to closely follow overall market performance in the near term [7]