Adient reports fourth quarter 2018 financial results; suspends quarterly cash dividend

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

November 9, 2018 7:04 AM EST

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 companys quarterly cash dividend beginning in Q2 fiscal 2019 to increase financial flexibility... More