Adient PLC's stock surged 10.26% in pre-market trading on Wednesday, following the release of its first quarter 2026 financial results.
The automotive seating leader reported adjusted earnings per share of $0.35 for Q1 2026, significantly beating analyst estimates of $0.22 by 57.66%. Revenue came in at $3.644 billion, also surpassing expectations of $3.515 billion and representing a 4.26% increase over the same period last year.
The company raised its full-year 2026 guidance, now expecting revenue of $14.6 billion, adjusted EBITDA of $880 million, and free cash flow of $125 million. Management attributed the improved outlook to better vehicle production forecasts and continued strong business performance, which drove investor optimism and the pre-market rally.