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What Analyst Projections for Key Metrics Reveal About Adient (ADNT) Q1 Earnings
ADNTAdient(ADNT) Zacks Investment Research·2024-02-06 15:21

Core Insights - Adient (ADNT) is expected to report quarterly earnings of 0.47pershare,reflectingayearoveryearincreaseof38.20.47 per share, reflecting a year-over-year increase of 38.2% [1] - Anticipated revenues for the quarter are projected at 3.72 billion, showing a slight increase of 0.5% compared to the previous year [1] - The consensus EPS estimate has been revised downward by 38.6% in the past 30 days, indicating a reassessment by analysts [1] Revenue Estimates - The consensus estimate for 'Net Sales- Asia' is 844.49million,indicatingayearoveryearchangeof+2.9844.49 million, indicating a year-over-year change of +2.9% [2] - 'Net Sales- America' is forecasted to reach 1.64 billion, suggesting a decline of -4.8% year over year [2] - The average prediction for 'Net Sales- EMEA' stands at 1.25billion,reflectingayearoveryearincreaseof+6.11.25 billion, reflecting a year-over-year increase of +6.1% [2] Production Estimates - 'Light Vehicle Production - North America' is estimated to reach 3.71 million, up from 3.6 million in the same quarter last year [2] - 'Light Vehicle Production - China' is projected at 6.19 million, down from 7.2 million in the same quarter last year [3] - 'Light Vehicle Production - EMEA' is estimated at 4.60 million, compared to 4.2 million in the same quarter last year [3] EBITDA Estimates - 'Adjusted EBITDA- Americas' is expected to be 57.25 million, down from 69millioninthesamequarterlastyear[3]AdjustedEBITDAAsiaisprojectedtoreach69 million in the same quarter last year [3] - 'Adjusted EBITDA- Asia' is projected to reach 149.72 million, compared to 138millioninthesamequarterlastyear[3]AdjustedEBITDAEMEAisestimatedat138 million in the same quarter last year [3] - 'Adjusted EBITDA- EMEA' is estimated at 40.99 million, up from $28 million in the same quarter last year [4] Stock Performance - Adient shares have changed by +0.9% in the past month, compared to a +5.3% move of the Zacks S&P 500 composite [4] - The company holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [4]