BUZZ-Adient up after Q1 earnings beat

Reuters

2025/01/29

** 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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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))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}