Adient Reports Q4 Non-GAAP EPS of $0.52, Missing Analyst Estimates
Adient (ADNT) reported fourth-quarter financial results that fell short of expectations, with a Non-GAAP earnings per share (EPS) of $0.52, missing estimates by $0.10. Despite the earnings miss, the company recorded an adjusted EBITDA of $229 million, representing an adjusted EBITDA margin of 6.1%. Regarding cash flow and capital allocation, Adient reported free cash flow of $222 million for the fiscal year. The company also demonstrated a commitment to shareholder returns, having distributed $100 million through share repurchases during the period.