Adient (NYSE:ADNT) reported its Q1 earnings results on Friday, February 4, 2022 at 06:50 AM.
Here's what investors need to know about the announcement.
Check out this: Insiders Buying Charter Communications And 3 More Stocks
Earnings
Adient missed estimated earnings by 58.33%, reporting an EPS of $-0.38 versus an estimate of $-0.24, which surprised analysts.
Revenue was up $368.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.35, which was followed by a 0.11% increase in the share price the next day.
Here's a look at Adient's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.59 | 0.22 | 0.56 | 0.90 |
| EPS Actual | -0.24 | -0.53 | 1.15 | 1.71 |
| Revenue Estimate | 3.11B | 3.45B | 3.61B | 3.86B |
| Revenue Actual | 2.77B | 3.24B | 3.82B | 3.85B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
