Gentex Corp reports results for the quarter ended December 31 - Earnings Summary

Gentex

31/01/2025 14:32

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 43
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 50
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 48 cents per share. Wall Street expected
results to range from 46 cents to 52 cents per share.
    * Revenue fell 8.1% to $541.64 million from a year ago;
analysts
expected $598.96 million. 
    * Gentex Corp's reported EPS for the quarter was 39 cents​.
    * The company reported quarterly net income of $87.67
million.
    * Gentex Corp shares had fallen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Gentex Corp is
$34.00 
This summary was machine generated from LSEG data January 31 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.48           0.43           Missed
 Sep. 30 2024      0.48           0.53           Beat
 Jun. 30 2024      0.52           0.37           Missed
 Mar. 31 2024      0.48           0.47           Missed