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Adient plc manufactures automotive seating systems. The firm's products include Complete Seats, Commercial vehicle seats, Structures & Mechanisms, Foam, Fabrics and Trim. Read More It operates through the following segments: Seating, Seat Structures and Mechanism, and Interiors segments. The Seating segment produces automotive seat metal structures and mechanisms, foam, trim, and fabric. The Seat Structures and Mechanism segment produces seat structures and mechanisms for inclusion in complete seat systems that are produced by Adient or others. The Interiors segment offers instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, and decorative trim. The company was founded on December 17, 2015 and is headquartered Dublin, Ireland.
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A Glass Half Full View of the Car Business
Text size The car business is struggling. Light vehicle sales are falling and new tariffs threaten to raise the price of new and used cars everywhere. Investors already know this. Shares of auto makers around the world trade for less than seven times earnings and the Russell 3000 Auto & Auto Parts Index has returned 2.5% for the past three years, worse than the 16% return of the Dow Jones Industrial Average. That doesn’t faze Baird automotive analyst David Leiker. He sees the automotive industry glass a...
Adient Earnings Lag Estimates in Q2, Shares Decline
Shares of Adient plc ADNT declined roughly 9.8% in a day's trading, following the second-quarter fiscal 2019 earnings release on May 7. In the reported quarter, the company's adjusted earnings per share were 31 cents, missing the Zacks Consensus Estimate of 39 cents.
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$0.31 per share