Company Overview - Gentherm is expected to report quarterly earnings of $0.68 per share, reflecting a year-over-year decline of 24.4% [3] - Revenues are anticipated to be $360.21 million, down 1.8% from the same quarter last year [3] - The Most Accurate Estimate for Gentherm is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +5.88% [10] Earnings Expectations - Wall Street anticipates a year-over-year decline in earnings due to lower revenues when Gentherm reports results for the quarter ended December 2024 [1] - The stock may rise if the actual earnings exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8] - Gentherm currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11] Historical Performance - Gentherm has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +13.64% in the last reported quarter [12][13] - The company's ability to meet or exceed past estimates may influence future earnings expectations [12] Industry Context - American Axle & Manufacturing, another player in the automotive industry, is expected to report earnings of $0.08 per share, reflecting a year-over-year increase of 11.1% [17] - American Axle's revenues are projected to be $1.38 billion, down 5.3% from the previous year [17] - The consensus EPS estimate for American Axle has been revised down by 45.5% over the last 30 days, resulting in an Earnings ESP of -15.08% [18]

Core Insights - Gentherm, a leader in thermal management and pneumatic comfort technologies for the automotive industry, will report its financial results for Q4 and year-end 2024 on February 19, 2025 [1] - The company is also recognized for its medical patient temperature management systems [1] Financial Reporting - The financial results will be discussed in a conference call scheduled for 8 am (ET) on the same day [1] - A live webcast and a one-year archived replay of the call will be available on Gentherm's Investor Relations website [2] Contact Information - Investor contact is Gregory Blanchette, reachable at investors@gentherm.com or 248.308.1702 [4] - Media contact is Melissa Fischer, reachable at media@gentherm.com or 248.289.9702 [4] Company Overview - Gentherm specializes in automotive products such as Climate Control Seats, heated interior systems, battery performance solutions, and various electronic devices [4] - The company also develops medical products, including patient temperature management systems [4] - Gentherm employs over 14,000 individuals across multiple countries, including the United States, Germany, China, and others [4]

Core Viewpoint - Gentherm has appointed Jonathan Douyard as the new Executive Vice President, Chief Financial Officer, and Treasurer, effective January 1, 2025, succeeding Matteo Anversa [1][2][3] Group 1: Leadership Transition - Jonathan Douyard will oversee Gentherm's global finance, treasury, investor relations, and IT operations, reporting to the next President and CEO, Bill Presley [2][3] - Douyard has 25 years of global finance experience and is expected to enhance Gentherm's leadership team [3][4] - The appointment reflects Gentherm's commitment to driving shareholder value and delivering profitable growth [3] Group 2: Douyard's Background - Prior to joining Gentherm, Douyard served as CFO at The Shyft Group, where he was instrumental in improving financial performance and managing M&A activities [2][4] - He has held significant financial leadership roles at Fluke Corporation and United Technologies, including Sikorsky Aircraft [4] - Douyard holds a Bachelor of Science in Finance from Bentley University and has Six Sigma certifications [5] Group 3: Company Overview - Gentherm is a leader in thermal management and pneumatic comfort technologies for the automotive industry and medical temperature management systems [1][5] - The company offers a range of automotive products, including climate control seats and battery performance solutions, and is developing new technologies for existing and new markets [5][6] - Gentherm employs over 14,000 people across multiple countries, including the United States, Germany, and China [5][6]

NORTHVILLE, Mich., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that the fireside chat with Phil Eyler, President and CEO, at the 2024 Baird Global Industrial Conference in Chicago will now begin at 7:55 am CST on Tuesday, November 12, 2024. The fireside chat will last for approximately 30 minute ...

Financial Performance - Product revenues for the third quarter of 2024 reached $371.512 million, compared to $366.195 million in the same period of 2023 [12] - Automotive product revenues for Q3 2024 were $358.804 million, up from $354.782 million in Q3 2023 [12] - Medical product revenues increased to $12.708 million in Q3 2024 from $11.413 million in Q3 2023, a 10% increase excluding foreign exchange [12, 11] - Gross margin increased to 25.5% in Q3 2024 from 23.5% in Q3 2023 [12] - Adjusted EBITDA for Q3 2024 was $48.103 million, with an Adjusted EBITDA margin of 12.9% [12] - For the first nine months of 2024, product revenues were $1.10321 billion, closely matching the $1.102143 billion from the same period in 2023 [12] - Adjusted EPS for Q3 2024 was $0.75, compared to $0.64 in Q3 2023 [12] Business Highlights - The company secured $600 million in new automotive business awards in Q3 [9] - The company launched 30 vehicle models with its products across 11 OEMs [6] Guidance - The company updated its full-year 2024 product revenue guidance to $1.45 billion - $1.47 billion [15] - The company expects the Adjusted EBITDA margin rate to be near the midpoint of 12.5% - 13.5% for the full year [15]

Gentherm (THRM) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this maker of climate-controlled seats and other products would post earnings of $0.62 per share when it actually produced earnings of $0.66, delivering a surprise of 6.45%. Ove ...

Exhibit 99.1 Gentherm Reports 2024 Third Quarter Results Strong Outperformance Over Light Vehicle Production Secured Third Quarter Record $600 Million in Automotive New Business Awards Updates 2024 Guidance NORTHVILLE, Michigan, October 30, 2024 /Global Newswire/ -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial result ...

NORTHVILLE, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Phil Eyler, President and CEO will participate in a fireside chat at the 2024 Baird Global Industrial Conference in Chicago on Tuesday, November 12, 2024. The fireside chat will begin at 6:45 am CST and last for approximately 30 ...

NORTHVILLE, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the third quarter 2024 on Wednesday, October 30, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference Call Toll-free dial-in number: 1-877-407-4018 International ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis an ...