Adient (ADNT) Tops Q4 EPS by 37c

Adient (NYSE: ADNT) reported Q4 EPS of $0.63, $0.37 better than the analyst estimate of $0.26.

• Impacted by one-time, non-cash charges, Q4 GAAP net loss and EPS diluted of $(4) million and $(0.04), respectively; Q4 Adj.-EPS diluted of $0.63
• Q4 Adj.-EBIT and Adj.-EBITDA of $138 million and $215 million, respectively
• Full-year Adj.-EBITDA of $787 million (turnaround actions in Americas and EMEA drove improved second-half results versus first-half, despite weaker than expected market conditions in China)
• Cash and cash equivalents of $924 million at Sept. 30, 2019
• Gross debt and net debt totaled $3,738 million and $2,814 million, respectively, at Sept. 30, 2019

For earnings history and earnings-related data on Adient (ADNT) click here.

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