Gentex Corp expected to post earnings of 32  cents a share - Earnings Preview

Gentex

20/04/2022 13:38

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 22. 
    * The Zeeland Michigan-based  company is expected to report 
a
10.4% decrease in revenue to $433.501 million from $483.73
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gentex Corp is for
earnings of 32 cents per share. For the same quarter last year,
the company reported earnings of 46 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Gentex Corp
is
$36​, above​ its last closing price of $27.50. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.35        0.34       0.35      Beat    2
 Sep. 30 2021  0.37        0.38       0.32      Missed  -14.7
 Jun. 30 2021  0.43        0.45       0.36      Missed  -19.4​
 Mar. 31 2021  0.48        0.49       0.46      Missed  -5.3
 ​​Dec.        0.51        0.50       0.58      Beat    15.2
 31 2020                                                
 Sep. 30 2020  0.42        0.41       0.48      Beat    16.5​
 Jun. 30 2020  0.12        0.12       0.02      Missed  -83.5
 Mar. 31 2020  0.34        0.34       0.36      Beat    4.7
 This summary was machine generated April 20 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated