Adient reports Q3 adjusted EPS 45c, consensus 48c

Reports Q3 revenue $3.74B, consensus $3.64B. The company said, “Adient (ADNT) entered H2 with strong momentum, and the team has continued to execute at a high level. We are leveraging our strengths of operational excellence and world-class footprint to provide our customers with value added solutions as they onshore certain programs to the U.S. We are well positioned to be a net beneficiary from U.S. onshoring.”