Adient plc (NYSE:ADNT) is set to announce fourth quarter earning results on Monday 30th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ADNT to report 4Q20 income of $ 0.71 per share.
For the full year, analysts anticipate top line of $ 12660.70 million, while looking forward to loss of $ 0.57 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 3,600.00 million ~ $ 3,600.00 million
Full Year 2020 topline are forecasted in a range of$ 15,600.00 million ~ $ 15,800.00 million
Click Here For More Historical Outlooks Of Adient plc
Previous Quarter Performance
Adient plc revealed loss for the third quarter of $ 2.78 per share, from the revenue of $ 1,626.00 million. The quarterly revenues shrunk 61.46 percent compared with the same quarter last year. Street analysts expected Adient plc to report loss of $ 2.08 per share on revenue of $ 1613.19 million for the third quarter. The bottom line results missed street analysts by $ 0.7 or 33.65 percent, at the same time, top line results outshined analysts by $ 12.81 million or 0.79 percent.
Stock Performance
Shares of Adient plc traded up $ 1.18 or 3.83 percent on Friday, reaching $ 31.98 with volume of 807.20 thousand shares. Adient plc has traded high as $ 31.98 and has cracked $ 30.23 on the downward trend
According to the previous trading day, closing price of $ 31.98, representing a 422.03 % increase from the 52 week low of $ 5.90 and a 6.58 % decrease over the 52 week high of $ 32.97.
The company has a market capital of $ 3.00 billion and is part of the Consumer Cyclical sector and Auto Parts industry.
Recent Analyst recommendations
- On 6th October 2020, maintained by KeyBanc at Overweight rating, with $ 26.00 target price.
Conference Call
Adient plc will be hosting a conference call at 8:30 AM eastern time on 30th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 800-779-1454 Toll Free, (United States) or 312-470-7220 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.adient.com
Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. It operates through three segments: Seating, Seat Structures and Mechanisms (SS&M), and Interiors. The Seating segment produces seat systems for automotive and other mobility applications, as well as various components of seat systems, including foams, trims, and fabrics.
