07:23 AM EST, 01/28/2025 (MT Newswires) -- Adient (ADNT) reported fiscal Q1 adjusted earnings Tuesday of $0.27 per diluted share, down from $0.31 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue for the quarter ended Dec. 31 was $3.50 billion, down from $3.66 billion a year earlier.

Analysts surveyed by FactSet expected $3.43 billion.

For fiscal 2025, the company lowered its sales outlook to $13.9 billion, down from its previous guidance of $14.1 billion to $14.5 billion. Analysts polled by FactSet expect $14.07 billion.

Adient shares were down nearly 2% in Tuesday's premarket activity.