Gentex Corp expected to post earnings of 44  cents a share - Earnings Preview

Gentex

25/10/2023 18:50

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Zeeland Michigan-based  company is expected to report 
a
14.7% increase in revenue to $566.224 million from $493.64
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 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "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 $30.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.41        0.41       0.47      Beat    14.2
 Mar. 31 2023  0.37        0.37       0.42      Beat    13
 Dec. 31 2022  0.38        0.38       0.37      Missed  -3.4​
 Sep. 30 2022  0.37        0.38       0.31      Missed  -17.6
 ​​Jun.        0.38        0.38       0.31      Missed  -17.9
 30 2022                                                
 Mar. 31 2022  0.32        0.32       0.37      Beat    15.8​
 Dec. 31 2021  0.35        0.34       0.35      Beat    2
 Sep. 30 2021  0.37        0.38       0.32      Missed  -14.7
 This summary was machine generated October 25 at 17:50 GMT.  All
figures in US dollars  unless otherwise stated