Analysts Estimate Gentex (GNTX) to Report a Decline in Earnings: What to Look Out for

Company Overview - Gentex (GNTX) is expected to report quarterly earnings of $0.49 per share, reflecting a year-over-year decline of 2$601.1 million, which is a 2% increase from the previous year [3] Earnings Expectations - Wall Street anticipates a year-over-year decline in earnings despite higher revenues, indicating a mixed outlook for the company [1] - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analyst expectations [4] Earnings Surprise Prediction - The Most Accurate Estimate for Gentex is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.35%, indicating a bearish sentiment among analysts [10] - Gentex holds a Zacks Rank of 2 (Buy), which complicates predictions regarding an earnings beat [11] Historical Performance - In the last reported quarter, Gentex exceeded expectations by delivering earnings of $0.53 per share against an estimate of$0.50, resulting in a surprise of +6% [12] - Over the past four quarters, Gentex has beaten consensus EPS estimates two times [13] Industry Comparison - Mobileye Global (MBLY), another player in the automotive industry, is expected to report a significant year-over-year decline in earnings per share of 57.1% and a revenue drop of 24.6% [17] - Mobileye's consensus EPS estimate has been revised down by 33.3% over the last 30 days, but it currently has a positive Earnings ESP of 20.00% [18]