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Adient's Fiscal Q4 Adjusted Earnings Rise, Net Sales Fall; Fiscal 2025 Revenue Guidance Set
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Adient's Fiscal Q4 Adjusted Earnings Rise, Net Sales Fall; Fiscal 2025 Revenue Guidance Set
Nov 9, 2024 1:03 PM

07:37 AM EST, 11/08/2024 (MT Newswires) -- Adient (ADNT) reported fiscal Q4 adjusted earnings Friday of $0.68 per diluted share, up from $0.51 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Net sales for the quarter ended Sept. 30 were $3.56 billion, down from $3.73 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.48 billion.

For fiscal 2025, the company said it expects consolidated sales in the range of $14.10 billion to $14.40 billion. Analysts polled by Capital IQ expect $14.61 billion.

Adient's stock was up 5.6% in recent Friday premarket activity.

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