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

Gentex

22/04/2022 14:30

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 37
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 32 cents per share.
    * Revenue fell 3.2% to $468.25 million from a year ago; 
analysts
expected $430.25 million. 
    * Gentex Corp's reported EPS for the quarter was 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.5%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Gentex Corp shares had fallen by 2.0% this quarter and
lost 17.9% so far this year.
    * The company reported quarterly net income of $87.53
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$36.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated April 22 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated