Adient (ADNT) Q3 Earnings Miss Estimates, Guidance Trimmed
Adient(ADNT) ZACKS·2024-08-09 00:21
Adient (ADNT) reported adjusted earnings per share (EPS) of 32 cents for the third quarter of fiscal 2024. Earnings fell from 98 cents recorded in the year-ago period and missed the Zacks Consensus Estimate of 67 cents.The company generated net sales of $3.72 billion, which decreased 8% year over year and missed the Zacks Consensus Estimate of $3.81 billion.Segmental PerformanceAdient currently operates through three reportable segments — Americas, including North America and South America; Europe, which in ...