Adient Lowers FY24 Consolidated Sales Outlook From Prior ~$14.8B - $14.9B To ~$14.6B, Est $14.843B
Portfolio Pulse from Benzinga Newsdesk
Adient has lowered its FY24 consolidated sales outlook from the prior range of approximately $14.8 billion to $14.9 billion to around $14.6 billion. The estimated sales were $14.843 billion.
August 06, 2024 | 10:56 am
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Adient has revised its FY24 consolidated sales outlook downward to approximately $14.6 billion from the previous range of $14.8 billion to $14.9 billion. The estimated sales were $14.843 billion.
The downward revision in sales outlook indicates potential challenges in Adient's business environment or operations, which could negatively impact investor sentiment and the stock price in the short term.
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