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

Gentex

28/07/2023 14:31

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 47
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 41 cents per share.
    * Revenue rose 25.9% to $583.47 million from a year ago;
analysts
expected $554.57 million. 
    * Gentex Corp's reported EPS for the quarter was 47 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Gentex Corp shares had risen by 8.5% this quarter and
gained 16.4% so far this year.
    * The company reported quarterly net income of $109.16
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$33.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.47           Beat
 Mar. 31 2023      0.37           0.42           Beat
 Dec. 31 2022      0.38           0.37           Missed
 Sep. 30 2022      0.38           0.31           Missed