Gentex Corporation's (GNTX) third-quarter 2024 earnings per share (EPS) of 53 cents beat the Zacks Consensus Estimate of 50 cents and increased 18% year over year. This Zeeland-based automotive products supplier reported net sales of $609 million, which missed the Zacks Consensus Estimate of $611 million but rose 6% from the year-ago period. The company recorded a gross margin of 33.5%, reflecting a rise of 30 basis points from the third quarter of 2023 due to higher sales and reduced purchasing costs. Stay ...

Gentex (GNTX) reported $608.53 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.7%. EPS of $0.53 for the same period compares to $0.45 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $611.33 million, representing a surprise of -0.46%. The company delivered an EPS surprise of +6.00%, with the consensus EPS estimate being $0.50. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Gentex (GNTX) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6%. A quarter ago, it was expected that this maker of automatic-dimming rearview mirrors and other products would post earnings of $0.52 per share when it actually produced earnings of $0.37, delivering a surprise of -28.85 ...

Gentex Corporation (NASDAQ:GNTX) Q3 2024 Earnings Call Transcript October 25, 2024 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President and Chief Executive Officer Neil Boehm - Chief Technology Officer Kevin Nash - Chief Financial Officer, CAO, Vice President of Finance, and Treasurer Conference Call Participants Luke Junk - Baird James Picariello - BNP Paribas Ryan Brinkman - JP Morgan Ron Jewsikow - Guggenheim Partners Josh Nichols - B. Riley Joseph Spak ...

Exhibit 99.1 https://files.reportify.cc/media/production/GNTXa040 GENTEX REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS ZEELAND, MI -- (GLOBE NEWSWIRE - October 25, 2024) - Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and nine months ended September 30, 2024. 3rd Quarter 2024 Summary • Net sales of $608.5 million, a new quarterly sales record, and a 6% increase compared to ...

ZEELAND, Mich., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and nine months ended September 30, 2024. 3rd Quarter 2024 Summary Net sales of $608.5 million, a new quarterly sales record, and a 6% increase compared to the third quarter of 2023, versus light vehicle production that was down 6% quarter over quarter in the Company's primary ...

In its upcoming report, Gentex (GNTX) is predicted by Wall Street analysts to post quarterly earnings of $0.51 per share, reflecting an increase of 13.3% compared to the same period last year. Revenues are forecasted to be $624.87 million, representing a year-over-year increase of 8.5%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over th ...

The market expects Gentex (GNTX) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

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ZEELAND, Mich., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 23, 2024, to shareholders of record of the common stock at the close of business on October 9, 2024. About the Company Founded in 1974, Gentex Corporation (The ...