Overview

* Adient Q3 adjusted EPS of $0.45 missed analyst expectations, per LSEG data

* Adjusted EBITDA of $226 mln beat estimates, improving margins to 6.0%

* Co repurchased $50 mln shares, reducing outstanding shares by 2.8 mln

Outlook

* Adient raises FY25 revenue guidance to ~$14.4 bln

* Company expects FY25 adj-EBITDA to reach ~$875 mln

Result Drivers

* EBITDA MARGIN IMPROVEMENT - Co reports adjusted EBITDA margins improved from 5.4% to 6.0% y-o-y

* SHARE REPURCHASE - Adient repurchased $50 mln of shares, reducing shares outstanding by 2.8 mln

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $0.45 $0.47

Adjusted (10

EPS Analysts

)

Q3 Beat $226 mln $208.90

Adjusted mln (8

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

* Wall Street's median 12-month price target for Adient PLC ( ADNT ) is $20.00, about 10.5% below its August 5 closing price of $22.11

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)