Adient (NYSE:ADNT) Full Year 2022 Results
Key Financial Results
- Revenue: US$14.1b (up 3.2% from FY 2021).
- Net loss: US$120.0m (down by 111% from US$1.11b profit in FY 2021).
- US$1.27 loss per share (down from US$11.76 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Adient Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in the US.
Performance of the American Auto Components industry.
The company’s shares are up 7.3% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company’s balance sheet. We have a graphic representation of Adient’s balance sheet and an in-depth analysis of the company’s financial position.
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