Adient reports second quarter 2018 financial results

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Adient (ADNT) PT Lowered to $64 at RBC Capital

May 4, 2018 8:17 AM EDT

RBC Capital lowered its price target on Adient (NYSE: ADNT) to $64.00 (from $72.00) while maintaining a Sector Perform rating.

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Adient (ADNT) Misses Q2 EPS by 6c, Revenue Beats

May 3, 2018 7:09 AM EDT

Adient (NYSE: ADNT) reported Q2 EPS of $1.85, $0.06 worse than the analyst estimate of $1.91. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.4 billion.

GUIDANCE:

Adient sees FY2018 revenue of $17-17.2 billion, versus the consensus of $16.99... More