Adient Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Fiscal 2026 Revenue Outlook Raised

MT Newswires Live
May 06

Adient (ADNT) reported fiscal Q2 adjusted earnings Wednesday of $0.52 per share, down from $0.69 a year earlier.

Analysts surveyed by FactSet expected $0.44.

Sales for the quarter ended March 31 were $3.87 billion, up from $3.61 billion a year earlier.

Analysts polled by FactSet expected $3.62 billion.

The company now expects fiscal 2026 revenue to be about $14.8 billion, compared with its previous outlook of about $14.6 billion.

Analysts surveyed by FactSet expect $14.63 billion.

Shares of the company were up 7% in Wednesday premarket trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10