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

Gentex

27/10/2023 14:32

* Gentex Corp  GNTX.OQ  reported quarterly adjusted earnings
of 45
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
44 cents per share.
    * Revenue rose 16.7% to $575.85 million from a year ago;
analysts
expected $567.47 million. 
    * Gentex Corp's reported EPS for the quarter was 45 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Gentex Corp shares had fallen by 6.7% this quarter and
gained 11.4% so far this year.
    * The company reported quarterly net income of $104.73
million.
    * Wall Street's median 12-month price target for Gentex Corp
is
$37.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.44           0.45           Beat
 Jun. 30 2023      0.41           0.47           Beat
 Mar. 31 2023      0.37           0.42           Beat
 Dec. 31 2022      0.38           0.37           Missed