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

Gentex

22/07/2022 14:31

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 31
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
38 cents per share.
    * Revenue rose 8.3% to $463.42 million from a year ago;
analysts
expected $470.38 million. 
    * Gentex Corp's reported EPS for the quarter was 31 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Gentex Corp shares had risen by 6.0% this quarter and
lost 14.9%
so far this year.
    * The company reported quarterly net income of $72.4
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$36.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 22
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.38           0.31           Missed
 Mar. 31 2022      0.32           0.37           Beat
 Dec. 31 2021      0.34           0.35           Beat
 Sep. 30 2021      0.38           0.32           Missed