Adient: Q2 Earnings Insights

Adient ADNT reported its Q2 earnings results on Thursday, May 5, 2022 at 06:50 AM.

Here's what investors need to know about the announcement.

Adient missed estimated earnings by 116.67%, reporting an EPS of $-0.13 versus an estimate of $-0.06.

Revenue was down $313.00 million from the same period last year.

Last quarter the company missed on EPS by $0.14 which was followed by a 3.69% increase in the share price the next day.

Here's a look at Adient's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.24	-0.59	0.22	0.56
EPS Actual	-0.38	-0.24	-0.53	1.15
Revenue Estimate	3.11B	3.11B	3.45B	3.61B
Revenue Actual	3.48B	2.77B	3.24B	3.82B

To track all earnings releases for Adient visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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