Adient (ADNT) Misses Q1 EPS by 25c

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Adient reports first quarter 2019 financial results

February 7, 2019 7:00 AM EST

PLYMOUTH, Mich., Feb. 7, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings.

Q1 GAAP net loss and EPS diluted of $(17) million and $(0.18), respectively; Q1 Adjusted-EPS diluted of $0.31 Q1 Adjusted-EBIT and Adjusted-EBITDA of $105 million and $176 million, respectively Q1 free cash flow (operating cash flow, less capital expenditures) of $(272) million Gross debt and net debt totaled $3,409 million and $3,003 million, respectively, at Dec. 31, 2018... More