earnings
confidence high
sentiment positive
materiality 0.75
Adient Q3 net income $73M, adjusted EPS $0.98; revenue up 16% YoY to $4.05B
Adient plc
2023-Q3 EPS reported
$0.73
revenue$11,666,000,000
- GAAP diluted EPS $0.77 vs loss of $0.32; adjusted diluted EPS $0.98 vs $0.08 year ago.
- Revenue $4.055B, up 16.4% YoY; operating income $173M vs $35M.
- Adjusted EBITDA $276M (6.8% margin) vs $143M (4.1%); all segments improved.
- Free cash flow $143M in Q3 vs -$30M a year ago; YTD free cash flow $196M.
- Asia/China adjusted EBITDA margin rose to 13.5% from 10.2%; EMEA swung to $103M from $31M.