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Adient's Q3, 2019, and 2020 Earnings Scaled Down by Analysts

11:41PM ET 7/01/2019 MT Newswires
Adient Ltd's (NYSE:ADNT, Recent Price: 24.06) earnings projections for Q3 ending June 30, 2019, and the full year expectations for 2019 and 2020 have been revised lower. The Q3 earnings estimate has been lowered to $0.37 per share a decrease from the previous consensus forecast of $0.38 per share, while the estimate for 2019 has been lowered to $1.59 per share from the consensus estimate of $1.60 per share and the full year 2020 estimate has also been reduced from $3.12 per share to $3.08 per share. This consensus estimate is based on 14 estimates used to calculate the Q3 forecast and 15 distributed estimates included in the full year forecasts for both 2019 and 2020.