Adient Q4 Earnings Surpass Expectations, Revenues Decline Y/Y

Adient (ADNT) reported adjusted earnings per share (EPS) of 68 cents for the fourth quarter of fiscal 2024. Earnings rose from 51 cents recorded in the year-ago period and surpassed the Zacks Consensus Estimate of 56 cents. The company generated net sales of $3.56 billion, which decreased 4.5$3.48 billion. Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar. Segmental Performance Adient currently operates through three reportable ...