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

Gentex

23/10/2024 14:19

* Gentex Corp  GNTX.OQ   GNTX.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 25 for the
period ending September 30 2024
    * The Zeeland Michigan-based  company is expected to report
a
2.9% increase in revenue to $592.443 million from $575.85
million a year ago, according to the mean estimate from 7
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 5 "strong buy" or "buy," 5
"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
35.00​, above​ its last closing price of $29.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.52        0.52       0.37      Missed  -28.3
 Jan. 1 0001   0.48        0.48       0.47      Missed  -1.1
 Jan. 1 0001   0.44        0.44       0.50      Beat    12.8​
 Jan. 1 0001   0.44        0.44       0.45      Beat    
 ​​Jan.        0.41        0.41       0.47      Beat    14.2
 1 0001                                                 
 Jan. 1 0001   0.37        0.37                         13​
 Jan. 1 0001   0.38        0.38                         
 Sep. 30 2022  0.37        0.38       0.31      Missed  -17.6
 This summary was machine generated October 23 at 13:19 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)