Adient plc (ADNT) reported adjusted earnings of 48 cents per share for Q3 2026, up 6.7% year over year but missed the Zacks Consensus Estimate of 53 cents by 9.4%. Net sales rose 5% to $3.93 billion, exceeding the consensus mark of $3.70 billion by 6.1%. Sales in China increased approximately 33% year over year, driven by production boosts at NIO, Leapmotor, and Nissan.
Adient generated adjusted EBITDA of $225 million, slightly down from $226 million a year earlier, with an adjusted EBITDA margin of 5.7%. The company faced about $32 million in temporary costs due to Middle East conflict impacts and supply chain disruptions. Cash and cash equivalents stood at $924 million as of June 30, 2026, with total liquidity at roughly $1.8 billion. Adient raised its fiscal 2026 consolidated sales outlook to about $15 billion, from an earlier estimate of $14.8 billion.
Additionally, the Americas segment saw sales increase by 9.5% to $1.93 billion, while EMEA sales declined by 4.5% to $1.21 billion. Asia sales grew 12.3% to $810 million. Operating cash flow was $205 million, up from $172 million in the previous year, with free cash flow rising to $138 million from $115 million year-over-year.
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