For the quarter ended September 2023, Adient (ADNT) reported revenue of $3.73 billion, up 2.2% over the same period last year. EPS came in at $0.51, compared to $0.53 in the year-ago quarter. The reported revenue represents a surprise of -0.82% over the Zacks Consensus Estimate of $3.76 billion. With the consensus EPS estimate being… Continue reading Adient (ADNT) Reports Q4 Earnings: What Key Metrics Have to Say
Author: Yarhow_Finance Online News
Adient PLC (ADNT) Reports Increased Annual Net Income Despite Quarterly Challenges
Adient PLC (NYSE:ADNT) reports a significant turnaround with annual net income of $205 million compared to a loss of $120 million in the previous year. Quarterly net sales slightly increased to $3.729 billion from $3.650 billion in the same quarter last year. Strong liquidity with cash and cash equivalents rising to $1.110 billion from $947… Continue reading Adient PLC (ADNT) Reports Increased Annual Net Income Despite Quarterly Challenges
Adient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company’s FY2023 financial commitments
PLYMOUTH, Mich., Nov. 8, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2023 financial results. Q4 GAAP net income and EPS diluted of $135M and $1.42, respectively; Q4 Adj.-EPS diluted of $0.51 Q4 Adj.-EBITDA of $235M, up $8M y-o-y Gross debt and net debt totaled ~$2.5B and… Continue reading Adient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company’s FY2023 financial commitments
Datadog and Tesla have been highlighted as Zacks Bull and Bear of the Day
For Immediate Release Chicago, IL – November 8, 2023 – Zacks Equity Research shares Datadog DDOG as the Bull of the Day and Tesla’s TSLA as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Goodyear GT, TripAdvisor TRIP and Viper Energy Partners VNOM. Here is a synopsis of all five… Continue reading Datadog and Tesla have been highlighted as Zacks Bull and Bear of the Day
Q3 2023 Goodyear Tire & Rubber Co Earnings Call
Participants Christina L. Zamarro; Executive VP & CFO; The Goodyear Tire & Rubber Company Richard Joseph Kramer; CEO, President & Chairman; The Goodyear Tire & Rubber Company James Albert Picariello; Research Analyst; BNP Paribas Exane, Research Division Rod Avraham Lache; MD & Senior Analyst; Wolfe Research, LLC Presentation Operator Good morning. My name is Nicky,… Continue reading Q3 2023 Goodyear Tire & Rubber Co Earnings Call
Time to Buy These Affordable Top-Rated Stocks After Earnings
Finding affordable stocks that won’t break the bank but have the potential to be viable investments is not always easy. However, following their strong third quarter results on Monday here are several top-rated Zacks stocks that are appealing in this regard. Goodyear GT Sporting a Zacks Rank #2 (Buy) Goodyear Tire’s stock is up roughly… Continue reading Time to Buy These Affordable Top-Rated Stocks After Earnings
It May Be Too Late to Fend Off China’s Battery Giants
Reuters CNH Industrial lowers guidance and announces job cuts, shares fall (Reuters) -Agricultural and construction machinery maker CNH Industrial on Tuesday lowered its 2023 revenue forecast, citing a softening for its farm machinery, predominantly in South America, sending its shares plummeting. A Milan-based trader told Reuters European funds were also selling the stock ahead of… Continue reading It May Be Too Late to Fend Off China’s Battery Giants
Lear (LEA) Tops Q3 Earnings Estimates, Lifts ’23 Sales View
Lear Corp LEA reported third-quarter 2023 adjusted earnings of $2.87 per share, which increased from $2.33 recorded in the year-ago quarter. The bottom line also surpassed the Zacks Consensus Estimate of $2.54 per share. Higher-than-expected revenues from both the Seating and E-Systems segments led to the outperformance. In the reported quarter, revenues increased 10% year over year… Continue reading Lear (LEA) Tops Q3 Earnings Estimates, Lifts ’23 Sales View
Should You Investigate Knorr-Bremse AG (ETR:KBX) At €53.66?
While Knorr-Bremse AG (ETR:KBX) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price movement on the XTRA over the last few months, increasing to €65.32 at one point, and dropping to the lows of €52.38. Some share price movements can give investors a… Continue reading Should You Investigate Knorr-Bremse AG (ETR:KBX) At €53.66?
Goodyear Tire & Rubber Co (GT) Q3 2023 Earnings: Strong Execution Amid Improving Industry …
Goodyear Tire & Rubber Co (NASDAQ:GT) reported a net loss of $89 million in Q3 2023, compared to a net income of $44 million in the same period last year. Segment operating income was $336 million, down 9.9% year-over-year. Overall tire unit volume for the quarter was 45.3 million units, a decrease of 2.8% from… Continue reading Goodyear Tire & Rubber Co (GT) Q3 2023 Earnings: Strong Execution Amid Improving Industry …