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

Gentex

28/10/2022 14:32

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 31
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
38 cents per share.
    * Revenue rose 23.5% to $493.64 million from a year ago;
analysts
expected $494.26 million. 
    * Gentex Corp's reported EPS for the quarter was 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Gentex Corp shares had risen by 7.5% this quarter and
lost 26.5%
so far this year.
    * The company reported quarterly net income of $72.66
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$31.00 
    * 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 October
28 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.34           0.35           Beat