Gentex Corp reports results for the quarter ended in September 30 - Earnings Summary
Gentex Corp GNTX.OQ reported quarterly adjusted earnings of 53 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of ten analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 42 cents to 52 cents per share.
Revenue rose 5.7% to $608.53 million from a year ago; analysts expected $592.14 million.
Gentex Corp's reported EPS for the quarter was 53 cents.
The company reported quarterly net income of $122.55 million.
Gentex Corp shares had fallen by 0.1% this quarter and lost 9.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"
Wall Street's median 12-month price target for Gentex Corp is 35.00
This summary was machine generated from LSEG data October 27 at 03:39 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 | 0.48 | 0.53 | Beat |
Jun. 30 2024 | 0.52 | 0.37 | Missed |
Mar. 31 2024 | 0.48 | 0.47 | Missed |
Dec. 31 2023 | 0.44 | 0.50 | Beat |
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