Adient (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
