Adient PLC reports results for the quarter ended September 30 - Earnings Summary

• Adient PLC ADNT.N reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of twelve analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 15 cents to 77 cents per share.

• Revenue rose 1.1% to $3.73 billion from a year ago; analysts expected $3.60 billion.

• Adient PLC's reported EPS for the quarter was a loss of 62 cents​.

• The company reported a quarterly loss of $47 million.

• Adient PLC shares had risen by 0.5% this quarter and lost 11.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

• Wall Street's median 12-month price target for Adient PLC is $23.00, about 26.4% above its last closing price of $16.92

This summary was machine generated from LSEG data November 4 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)