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

Gentex

24/01/2024 13:38

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results on January 26 for the
period ending December 31 2023
    * The Zeeland Michigan-based  company is expected to report
a
13.3% increase in revenue to $559.483 million from $493.65
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Revenue is on Total Revenue
Basis)
    * ​LSEG'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 7 "strong buy" or "buy," 3
"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
$37.00​, above​ its last closing price of $32.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.44        0.44       0.45      Beat    2.2
 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.        0.37        0.38       0.31      Missed  -17.6
 30 2022                                                
 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
 This summary was machine generated January 24 at 13:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)