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Gentex(GNTX) - 2024 Q1 - Quarterly Report
2024-05-03 14:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-10235 GENTEX CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
Gentex (GNTX) Q1 Earnings Match Estimates, Increase Y/Y
Zacks Investment Research· 2024-05-01 17:21
Gentex Corporation’s (GNTX) first-quarter 2024 earnings per share (EPS) of 47 cents came in line with the Zacks Consensus Estimate and increased 12% year over year.This Zeeland-based automotive products supplier reported net sales of $590.2 million, which missed the Zacks Consensus Estimate of $600 million but increased 7% from the year-ago period. The company recorded a gross margin of 34.3%, reflecting an increase of 260 basis points from the first quarter of 2023, due to lower raw material costs, higher ...
Gentex(GNTX) - 2024 Q1 - Earnings Call Presentation
2024-04-27 20:19
2 GENTEX CORPORATION OVERVIEW 4 FAST FACTS 5 LETTER FROM THE CEO 6 FINANCIAL PERFORMANCE 8 10K 22 15 YEAR SUMMARY 92 CORPORATE & LEADERSHIP CORPORATE DATA 94 BOARD OF DIRECTORS 95 The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law or the rules of the NASDAQ Global Select Market. Accordingly, any forward-looking statement should be read in conjunction with the additional ...
Gentex(GNTX) - 2024 Q1 - Earnings Call Transcript
2024-04-26 19:08
Gentex Corporation (NASDAQ:GNTX) Q1 2024 Earnings Conference Call April 26, 2024 9:30 AM ET Company Participants Josh O'Berski - Director, IR Steven Downing - President, CEO & Director Kevin Nash - VP, Finance, CFO, Treasurer & CAO Neil Boehm - CTO & VP, Engineering Conference Call Participants Luke Junk - Robert W. Baird & Co. Ronald Jewsikow - Guggenheim Securities James Picariello - BNP Paribas Exane David Whiston - Morningstar Mark Delaney - Goldman Sachs Group Josh Nichols - B. Riley Securities John Mu ...
Compared to Estimates, Gentex (GNTX) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 14:36
Gentex (GNTX) reported $590.23 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.2%. EPS of $0.47 for the same period compares to $0.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $600.48 million, representing a surprise of -1.71%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Gentex (GNTX) Q1 Earnings Meet Estimates
Zacks Investment Research· 2024-04-26 14:11
Gentex (GNTX) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of automatic-dimming rearview mirrors and other products would post earnings of $0.44 per share when it actually produced earnings of $0.50, delivering a surprise of 13.64%.Over the last four quarters, the company has surpassed consensus EPS estim ...
Gentex(GNTX) - 2024 Q1 - Quarterly Results
2024-04-26 12:00
Exhibit 99.1 GENTEX REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS ZEELAND, MI -- (GLOBE NEWSWIRE - April 26, 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 months ended March 31, 2024. 1st Quarter 2024 Summary For the first quarter of 2024, the Company reported net sales of $590.2 million, compared to net sales of $550.8 million in the first quarter of 2023, a 7% qu ...
Gentex Reports First Quarter 2024 Financial Results
Newsfilter· 2024-04-26 12:00
ZEELAND, Mich., April 26, 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 months ended March 31, 2024. 1st Quarter 2024 Summary Net sales of $590.2 million, a new quarterly sales record, and a 7% increase compared to the first quarter of 2023Gross profit margin of 34.3%, an increase of 260 basis points from the first quarter of 2023Income from opera ...
Here's Why Gentex (GNTX) is a Strong Value Stock
Zacks Investment Research· 2024-04-25 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...
Why Gentex (GNTX) Might Surprise This Earnings Season
Zacks Investment Research· 2024-04-25 14:02
Investors are always looking for stocks that are poised to beat at earnings season and Gentex Corporation (GNTX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Gentex is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ind ...