Auto parts maker Gentex beats Q2 sales estimates

Gentex

25/07/2025 13:11

Overview

Gentex Q2 2025 sales rise 15%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats estimates, reflecting strong operational performance

Co repurchased 5.7 mln shares, demonstrating commitment to shareholder returns

Outlook

Gentex revises 2025 revenue guidance to $2.44-$2.61 bln

Company expects 2025 gross margin of 33%-34%

Gentex sees 2025 China market revenue at $100-$125 mln

Company withholds 2026 guidance due to geopolitical uncertainty

Result Drivers

VOXX ACQUISITION - Acquisition contributed $78.8 mln to Q2 sales, driving overall revenue growth

ADVANCED FEATURES - Strong demand for Full Display Mirrors and advanced features supported sales despite weak vehicle production

GROSS MARGIN IMPROVEMENT - Margin improvements driven by cost reductions, improved mix, and operational efficiencies, partially offset by tariff costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$657.90 mln
$613.10 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.47
$0.38 (6 Analysts)
Q2 EPS
$0.43
Q2 Net Income
$96 mln
Q2 Gross Margin
34.2%
Q2 Operating Expenses
$106.80 mln
Q2 Operating Income
$118.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Gentex Corp is $25.50, about 7.5% above its July 24 closing price of $23.60

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX83HLwG

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)