Gentherm Inc reports results for the quarter ended in September 30 - Earnings Summary

Gentherm

30/10/2024 13:19

* Gentherm Inc  THRM.OQ  reported quarterly adjusted
earnings of
75 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 64 cents.  The mean expectation of five analysts for the
quarter was for earnings of 66 cents per share. Wall Street
expected results to range from 56 cents to 73 cents per share.
    * Revenue rose 1.5% to $371.51 million from a year ago;
analysts
expected $373.68 million. 
    * Gentherm Inc's reported EPS for the quarter was 51 cents​.
    * The company reported quarterly net income of $15.97
million.
    * Gentherm Inc shares had fallen by 10.8% this quarter and
lost 20.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Gentherm Inc is
68.00 
This summary was machine generated from LSEG data October 30 at
01:19 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
 Sep. 30 2024      0.66           0.75           Beat
 Jun. 30 2024      0.61           0.66           Beat
 Mar. 31 2024      0.43           0.62           Beat
 Dec. 31 2023      0.52           0.90           Beat