Recap: Adient Q2 Earnings

Adient ADNT reported its Q2 earnings results on Wednesday, May 3, 2023 at 06:50 AM.

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

Adient missed estimated earnings by 25.58%, reporting an EPS of $0.32 versus an estimate of $0.43.

Revenue was up $406.00 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 3.23% drop in the share price the next day.

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

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.38	0.51	-0.07	-0.06
EPS Actual	0.34	0.53	0.08	-0.13
Revenue Estimate	3.65B	3.53B	3.45B	3.46B
Revenue Actual	3.70B	3.65B	3.48B	3.51B

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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