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Adient (ADNT) reports mixed fiscal second-quarter results and expects fiscal 2024 revenues in the range of $14.8-$14.9 billion, down from the previous guidance of $15.40-$15.50 billion.
Review Adient's (ADNT) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Although the revenue and EPS for Adient (ADNT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Adient plc (NYSE:ADNT ) Q2 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Mike Heifler - Investor Relations Jerome Dorlack - President, CEO & Director Mark Oswald - Executive VP & CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Dan Levy - Barclays Joseph Spak - UBS Operator Welcome to the Adient Second Quarter Financial Results Earnings Conference Call. [Operator instructions] Today's conference is being recorded.
Adient (ADNT) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.32 per share a year ago.
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.
Adient (NYSE: ADNT ) layoffs are a hot topic on Monday after the seating systems company announced plans to cut jobs overseas. The exact number of jobs being cut is still unknown but the company is looking to move some positions out of Europe.
Adient (ADNT) reports lower-than-expected first-quarter results and envisions fiscal 2024 revenues in the range of $15.40-$15.50 billion, down from the previous guidance of $15.60-$15.70 billion.
Adient plc (ADNT) Q1 2024 Earnings Call Transcript
Although the revenue and EPS for Adient (ADNT) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.