Adient (ADNT) Tops Q1 EPS by 62c, Offers FY Guidance
Adient (NYSE: ADNT) reported Q1 EPS of $0.96, $0.62 better than the analyst estimate of $0.34. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.82 billion.
GUIDANCE:
Adient sees FY2020 revenue of $15.6-15.8 billion, versus the consensus of $15.73 billion.
- Adj.-EBITDA* of ~$870M to $910M (prior ~$820M - $860M)
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