BUZZ-Adient up after Q1 earnings beat

Reuters

01-29

BUZZ-Adient up after Q1 earnings beat

** Shares of car seat maker Adient Plc ADNT.N up 3.12% at $17.85

** Stock posts biggest intraday percentage gain since Jan. 6

** Co posts Q1 adjusted EPS of 27 cents, above analysts' average estimate of 19 cents, according to data compiled by LSEG

** Expects lower end of adj. EBITDA outlook range for FY25, due to FX and lower customer volume in EMEA and China

** In November, co said it expects adj.-EBITDA of 850 mln to 900 mln for FY25

** Stock stayed flat in 2024

(Reporting by Subiksha S in Bangalore)

((Subiksha.S@thomsonreuters.com))

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