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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.
Evaluate the expected performance of Adient (ADNT) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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.
ADNT, ATSG and NGLOY have been added to the Zacks Rank #5 (Strong Sell) List on December 12, 2023.