08:49 AM EDT, 05/03/2024 (MT Newswires) -- Adient (ADNT) reported fiscal Q2 adjusted earnings Friday of $0.54 per diluted share, compared with $0.32 a year earlier.

Analysts surveyed by Capital IQ expected $0.44.

Net sales for the quarter ended March 31 was $3.75 billion, compared with $3.91 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.79 billion.

The company lowered its outlook for 2024 consolidated sales to a range of $14.8 billion to $14.9 billion, from previous guidance of $15.4 billion to $15.5 billion.