Adient Shares Drop After Fiscal Q3 Adjusted Earnings Miss

MT Newswires Live

Aug 05

Adient (ADNT) shares were down over 1% in morning trading on Wednesday after the company posted lower-than-expected fiscal Q3 adjusted earnings.

The company reported fiscal Q3 adjusted earnings of $0.48 per diluted share, up from $0.45 a year earlier.

Analysts polled by FactSet expected $0.58.

Net sales for the quarter ended June 30 were $3.93 billion, up from $3.74 billion a year earlier.

Analysts expected revenue of $3.71 billion.

For fiscal 2026, the company increased its consolidated sales guidance to $15 billion from $14.8 billion. Analysts expect revenue of $14.83 billion.

Price: 20.72, Change: -0.45, Percent Change: -2.10

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Analysts expect revenue of $14.83 billion.</p><p>Price: 20.72, Change: -0.45, Percent Change: -2.10</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADNT","symbol_name":"Adient PLC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657523654","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657523654","pubTimestamp":1785939617,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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