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

Gentex

25/01/2023 13:36

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results on January 27. 
    * The Zeeland Michigan-based  company is expected to report 
a
20.0% increase in revenue to $503.93 million from $419.84
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 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "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
$33.5​, above​ its last closing price of $28.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.37        0.38       0.31      Missed  -17.6
 Jun. 30 2022  0.38        0.38       0.31      Missed  -17.9
 Mar. 31 2022  0.32        0.32       0.37      Beat    15.8​
 Dec. 31 2021  0.35        0.34       0.35      Beat    2
 ​​Sep.        0.37        0.38       0.32      Missed  -14.7
 30 2021                                                
 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. 31 2020  0.51        0.50       0.58      Beat    15.2
 This summary was machine generated January 25 at 13:36 GMT.  All
figures in US dollars  unless otherwise stated