Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
Adient(ADNT) Zacks Investment Research·2024-05-13 20:30
Adient (ADNT) reported adjusted earnings per share (EPS) of 54 cents for the second quarter of fiscal 2024. Earnings rose from 32 cents recorded in the year-ago period and outpaced the Zacks Consensus Estimate of 39 cents.The company generated net sales of $3.75 billion, which decreased 4.1% year over year and missed the Zacks Consensus Estimate of $3.83 billion.Segmental PerformanceAdient currently operates through three reportable segments — Americas, including North America and South America; Europe, whi ...