DUBLIN (AP) — DUBLIN (AP) — Adient PLC (ADNT) on Friday reported fiscal fourth-quarter earnings of $79 million.
The Dublin-based company said it had profit of 91 cents per share. Earnings, adjusted for non-recurring gains, were 68 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.
The automotive seating and interiors supplier posted revenue of $3.56 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $3.48 billion.
For the year, the company reported profit of $18 million, or 20 cents per share. Revenue was reported as $14.69 billion.
Adient expects full-year revenue in the range of $14.1 billion to $14.4 billion.
Adient shares have declined 45% since the beginning of the year. The stock has dropped 44% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADNT at https://www.zacks.com/ap/ADNT
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