Gentex Corp expected to post earnings of 48 cents a share - Earnings Preview

Gentex

24/04/2024 13:59

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 26 for the
period ending March 31 2024
    * The Zeeland Michigan-based  company is expected to report
a
8.6% increase in revenue to $598.011 million from $550.76
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Gentex Corp is for
earnings of
48 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 had risen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Gentex Corp
is
$39.50​, above​ its last closing price of $34.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.44        0.44       0.50      Beat    12.8
 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.        0.38        0.38       0.37      Missed  -3.4
 31 2022                                                
 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
 This summary was machine generated April 24 at 12:59 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)