BUZZ-Adient up after Q1 earnings beat

Reuters
29 Jan
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10