Gentherm Inc reports results for the quarter ended in December - Earnings Summary

Gentherm

21/02/2024 14:31

* Gentherm Inc  THRM.OQ  reported quarterly adjusted
earnings of
90 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 47 cents.  The mean expectation of five analysts for the
quarter was for earnings of 52 cents per share. Wall Street
expected results to range from 44 cents to 60 cents per share.
    * Revenue rose 6.9% to $366.93 million from a year ago;
analysts
expected $358.33 million. 
    * Gentherm Inc's reported EPS for the quarter was 56 cents​.
    * The company reported quarterly net income of $18.09
million.
    * Gentherm Inc shares had fallen by 5.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Gentherm
Inc is
$64.00 

This summary was machine generated from LSEG data February 21 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.52           0.90           Beat
 Sep. 30 2023      0.68           0.64           Missed
 Jun. 30 2023      0.52           0.58           Beat
 Mar. 31 2023      0.50           0.49           Missed