Gentherm posts Q2 profit slightly below estimates

Gentherm

24/07/2025 11:13

Overview

Gentherm Q2 revenue was $375 mln, a 0.2% decrease year-over-year

Adjusted EPS of $0.54 missed analyst expectations, per LSEG data

Thermal tech company secured $620 mln in new automotive business awards in Q2

Outlook

Gentherm narrows 2025 revenue guidance to $1.43 bln - $1.5 bln

Company expects 2025 adjusted EBITDA margin rate of 11.7% - 12.5%

Gentherm forecasts 2025 capital expenditures of $55 mln - $65 mln

Company anticipates flat to slightly decreasing light vehicle production in 2025

Result Drivers

NEW BUSINESS AWARDS - Secured $620 mln in automotive new business awards, including Ford's next-gen F-Series truck platform

AUTOMOTIVE SEGMENT - Automotive Climate and Comfort Solutions revenue rose 3.8% y-o-y, driven by North America and Europe performance

COST PRESSURES - Gross margin fell due to higher material costs and unfavorable product mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Product Revenue
$375 mln
Q2 Adjusted EPS
Miss
$0.54
$0.58 (5 Analysts)
Q2 EPS
$0.02
Q2 Adjusted EBITDA
Beat
$45.90 mln
$42.90 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Gentherm Inc is $36.50, about 12.3% above its July 23 closing price of $32.00

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX9n8C5w

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)