Gentherm slides after Q4 earnings miss estimate

Gentherm

19/02/2025 12:02

** Shares of thermal management technology company Gentherm
 THRM.O  fell 11.4% to $32 in premarket trading
    ** Co reports adj. earnings of 29 cents per share, missing
estimate of 68 cents/shr - data compiled by LSEG
    ** Posts quarterly product revenue of $352.9 mln versus
estimate of $360.3 mln
    ** Forecasts FY25 revenue between $1.4 bln and $1.5 bln vs.
estimate of $1.54 bln
    ** THRM says outlook assumptions do not include any impact
of potential changes to tariffs
    ** Three of six brokerages rate the stock "buy" and three
"hold"; their median PT is $65
    ** Up to last close, THRM stock had fallen 9.4% YTD

 (Reporting by Nikhil Sharma in Bengaluru)
 ((Nikhil.Sharma@thomsonreuters.com))