Adient (NYSE:ADNT) reported its Q2 earnings results on Wednesday, May 3, 2023 at 06:50 AM.
Here’s what investors need to know about the announcement.
Earnings
Adient missed estimated earnings by 25.58%, reporting an EPS of $0.32 versus an estimate of $0.43.
Revenue was up $406.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 3.23% drop in the share price the next day.
Here’s a look at Adient’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.51 | -0.07 | -0.06 |
| EPS Actual | 0.34 | 0.53 | 0.08 | -0.13 |
| Revenue Estimate | 3.65B | 3.53B | 3.45B | 3.46B |
| Revenue Actual | 3.70B | 3.65B | 3.48B | 3.51B |
To track all earnings releases for Adient visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
