Adient Q4 Earnings Surpass Expectations, Revenues Decline Y/Y
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Adient's Q4 earnings exceeded expectations, but revenues declined year-over-year. The company forecasts fiscal 2025 revenues between $14.1-$14.4 billion, a decrease from $14.69 billion in 2024.
November 13, 2024 | 4:30 pm
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Adient's Q4 earnings surpassed expectations, but the company reported a year-over-year decline in revenues. The fiscal 2025 revenue forecast is lower than 2024's figures.
While Adient's Q4 earnings were better than expected, the decline in year-over-year revenues and a lower revenue forecast for fiscal 2025 could neutralize positive sentiment. Investors may be cautious due to the revenue decline.
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