Gentex Corp expected to post earnings of 38  cents a share - Earnings Preview

Gentex

20/07/2022 13:53

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 22. 
    * The Zeeland Michigan-based  company is expected to report 
a
10.0% increase in revenue to $470.916 million from $428.01
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gentex Corp is for
earnings of 38 cents per share. For the same quarter last year,
the company reported earnings of 36 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gentex Corp
is
$37​, above​ its last closing price of $28.86. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.32        0.32       0.37      Beat    15.8
 Dec. 31 2022  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.        0.48        0.49       0.46      Missed  -5.3
 31 2021                                                
 Dec. 31 2020  0.51        0.50       0.58      Beat    15.2​
 Sep. 30 2020  0.42        0.41       0.48      Beat    16.5
 Jun. 30 2020  0.12        0.12       0.02      Missed  -83.5
 This summary was machine generated July 20 at 12:53 GMT.  All
figures in US dollars  unless otherwise stated