Gentex (GNTX) Q4 Earnings and Revenues Lag Estimates

Core Viewpoint - Gentex (GNTX) reported quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of$ 0.49 per share, and down from $0.50 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -20.41%, with the company previously expected to earn$ 0.50 per share but actually earning $0.53 per share in the prior quarter, resulting in a positive surprise of 6% [2] - Gentex's revenues for the quarter were$ 541.64 million, missing the Zacks Consensus Estimate by 10.03%, and down from $589.13 million year-over-year [3] - The company has not surpassed consensus revenue estimates in the last four quarters [3] Stock Performance - Gentex shares have declined approximately 1.8% since the beginning of the year, while the S&P 500 has gained 3.2% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.50 on revenues of $610.55 million, and for the current fiscal year, it is$ 2.10 on revenues of $2.5 billion [8] - The outlook for the Automotive - Original Equipment industry, to which Gentex belongs, is currently in the bottom 30% of Zacks industries, which may impact stock performance [9]