Adient Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Fiscal 2026 Revenue Outlook Raised

MT Newswires Live

05/06

Adient (ADNT) reported fiscal Q2 adjusted earnings Wednesday of $0.52 per share, down from $0.69 a year earlier.

Analysts surveyed by FactSet expected $0.44.

Sales for the quarter ended March 31 were $3.87 billion, up from $3.61 billion a year earlier.

Analysts polled by FactSet expected $3.62 billion.

The company now expects fiscal 2026 revenue to be about $14.8 billion, compared with its previous outlook of about $14.6 billion.

Analysts surveyed by FactSet expect $14.63 billion.

Shares of the company were up 7% in Wednesday premarket trading.

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