Auto Components News

Adient Full Year 2022 Earnings: In Line With Expectations

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).
NYSE:ADNT Earnings and Revenue Growth November 6th 2022

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.

Valuation is complex, but we’re helping make it simple.

Find out whether Adient is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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