Adient plc (ADNT) CEO Doug Del Grosso on Q3 2021 Results - Earnings Call Transcript

Aug. 07, 2021 9:47 PM ETAdient plc (ADNT) StockADNT
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Q3: 2021-08-05 Earnings Summary

EPS of -$0.53 misses by $0.68
 | Revenue of $3.24B (99.38% Y/Y) misses by $95.81M

Adient plc (NYSE:ADNT) Q3 2021 Results Conference Call August 5, 2021 8:30 AM ET

Company Participants

Mark Oswald - Head, IR
Doug Del Grosso - President and CEO
Jeff Stafeil - EVP and CFO
Jerome Dorlack - EVP, Head of Americas Seating

Conference Call Participants

Rod Lache - Wolfe Research
Brian Johnson - Barclays
Joe Spak - RBC Capital Markets
Dan Levy - Credit Suisse

Operator

Welcome, and thank you all for standing by. [Operator Instructions] Today's call is also being recorded. If anyone does have any objections, you may disconnect at this time.

And I would now like to turn the call over to Mr. Mark Oswald. Thank you. You may begin.

Mark Oswald

Thank you, Sue. Good morning, and thank you for joining us as we review Adient's results for the third quarter of fiscal year 2021. The press release and presentation slides for our call today have been posted to the Investors section of our website at adient.com.

This morning, I'm joined by Doug Del Grosso, Adient's President and Chief Executive Officer; Jeff Stafeil, our Executive Vice President and Chief Financial Officer; and Jerome Dorlack, Executive Vice President, Head of Americas Seating. On today's call, Doug will provide an update on the business followed by Jeff, who will review our Q3 financial results and outlook for the remainder of the fiscal year. After our prepared remarks, we will open the call to your questions.

Before I turn the call over to Doug and Jeff, there are a few items I'd like to discuss. First, today's conference call will include forward-looking statements. These statements are based on the environment as we see it today, and therefore, involve risks and uncertainties. I would caution you that our actual results could differ materially from these forward-looking statements made on the call. Please refer to Slide 2 of the

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