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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 ...
Ahead of Gentex (GNTX) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-23 14:21
Analysts on Wall Street project that Gentex (GNTX) will announce quarterly earnings of $0.47 per share in its forthcoming report, representing an increase of 11.9% year over year. Revenues are projected to reach $600.01 million, increasing 8.9% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its ...
Gentex (GNTX) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-19 15:06
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 March 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 earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are better ...
Will Gentex (GNTX) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-18 17:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Gentex (GNTX) , which belongs to the Zacks Automotive - Original Equipment industry.This maker of automatic-dimming rearview mirrors and other products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 10.39%.For the most recent quarter, Gentex was expe ...
Gentex(GNTX) - 2023 Q4 - Annual Report
2024-02-22 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2023 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 No.: 000-10235 GENTEX CORPORATION (Exact name of registrant as specified in its charter) Michigan 38-2030505 State or other ...