By Connor Hart
Shares of Adient climbed after the company updated its outlook for the year, citing an improved vehicle-production outlook.
The stock rose 13% to $23.77 on Wednesday, extending its nearly 40% gain over the past year.
The automotive-seating company before the bell said it expects revenue of about $14.6 billion in 2026, up from a prior view of about $14.4 billion. The company additionally raised its outlook for adjusted earnings before interest, taxes, depreciation and amortization to roughly $880 million from approximately $845 million.
For 2026, Wall Street had modeled revenue of $14.49 billion and adjusted Ebitda of $860 million, according to FactSet.
"Our resilient operating model has enabled us to consistently execute and deliver for our customers and has set a strong foundation for growth," Chief Executive Jerome Dorlack said.
For its fiscal first quarter, ended Dec. 31, Adient posted a loss of $22 million, or 28 cents a share. The company broke even in last year's comparable quarter.
Stripping out one-time items, earnings were 35 cents a share, ahead of the 22 cents a share that analysts modeled.
Net sales climbed 4.3% to $3.64 billion, topping Wall Street views for $3.49 billion.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 04, 2026 11:10 ET (16:10 GMT)
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