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PLYMOUTH, Mich. , Oct. 10, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will host a conference call on Nov. 8, 2024 at 8:30 a.m.
Adient (ADNT) reported earnings 30 days ago. What's next for the stock?
Adient (ADNT) reports lower-than-expected fiscal third-quarter results and expects fiscal 2024 revenues to be $14.6 billion, down from the previous guidance of $14.80-$14.90 billion.
Adient's Q3 FY 2024 financial performance was below expectations, and the company's fourth quarter results will likely be under pressure considering its updated full-year guidance. On the flip side, Adient is well-positioned to achieve positive top line and EBITDA growth for FY 2025, taking into account the potential recovery of its European business. I continue to rate ADNT stock as a Hold, after assessing the company's third quarter results miss and its prospects for a turnaround in FY 2025.
Although the revenue and EPS for Adient (ADNT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Adient plc (NYSE:ADNT ) Q3 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Mike Heifler - IR Jerome Dorlack - President, CEO & Director Mark Oswald - EVP & CFO Conference Call Participants Colin Langan - Wells Fargo Trevor Young - Barclays Joseph Spak - UBS James Picariello - BNP Paribas Operator Welcome to the Adient Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode, until the question-and-answer session of today's call.
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.
PLYMOUTH, Mich. , Aug. 6, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2024 financial results.
PLYMOUTH, Mich. , Aug. 1, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will participate in the J.P.
Adient (ADNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.