Adient (ADNT) tops Q4 EPS by 12c, suspends quarterly cash dividend

Adient (NYSE: ADNT) reported Q4 EPS of $1.30, $0.12 better than the analyst estimate of $1.18. Revenue for the quarter came in at $4.15 billion versus the consensus estimate of $4.1 billion.

• Suspended the company’s quarterly cash dividend beginning in Q2 fiscal 2019 to increase financial flexibility and increase focus on debt reduction.

For earnings history and earnings-related data on Adient (ADNT) click here.

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