Adient (ADNT) Surpasses Q4 Earnings and Revenue Estimates

Group 1 - Adient reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of$ 0.56 per share, and showing an increase from $0.51 per share a year ago, resulting in an earnings surprise of 21.43% [1] - The company posted revenues of$ 3.56 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.25%, although this is a decrease from $3.73 billion in the same quarter last year [2] - Adient's shares have declined approximately 45.3% year-to-date, contrasting with the S&P 500's gain of 25.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is$ 0.85 on revenues of $3.61 billion, and for the current fiscal year, it is$ 2.67 on revenues of $14.7 billion [7] - The Zacks Industry Rank for Automotive - Original Equipment is in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stock performance [8]