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

Gentex

27/01/2023 14:30

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 37
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 38 cents per share.
    * Revenue rose 17.6% to $493.65 million from a year ago;
analysts
expected $503.93 million. 
    * Gentex Corp's reported EPS for the quarter was 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Gentex Corp shares had risen by 7.0% this quarter.
    * The company reported quarterly net income of $86.17
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$33.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
27 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.38           0.37           Missed
 Sep. 30 2022      0.38           0.31           Missed
 Jun. 30 2022      0.38           0.31           Missed
 Mar. 31 2022      0.32           0.37           Beat