Insights Into Gentex (GNTX) Q1: Wall Street Projections for Key Metrics

Core Viewpoint - Analysts forecast Gentex (GNTX) will report quarterly earnings of $0.43 per share, reflecting a year-over-year decline of 8.5%, with revenues expected to be $584.51 million, a decrease of 1% compared to the previous year [1]. Earnings Projections - Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter, indicating that analysts have not changed their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Revenue- Other' to be $15.06 million, representing a year-over-year increase of 19.5% [5]. - 'Revenue- Automotive Products' is projected to reach $568.61 million, indicating a decline of 1.6% from the year-ago quarter [5]. Shipment Estimates - Total Interior Mirrors shipments are expected to be 7.59 million, down from 7.82 million year-over-year [6]. - Total Exterior Mirrors shipments are forecasted at 4.42 million, compared to 4.66 million in the previous year [6]. - Total Auto-Dimming Mirror Units are anticipated to reach 12.02 million, down from 12.47 million year-over-year [7]. - North American Mirror Units are expected to be 3.69 million, a decrease from 3.88 million in the same quarter last year [7]. - International Exterior Mirrors shipments are projected at 2.85 million, down from 3.03 million year-over-year [8]. - North American Exterior Mirrors shipments are estimated at 1.57 million, compared to 1.62 million in the previous year [8]. - Total International Mirror Units are expected to be 8.33 million, down from 8.59 million year-over-year [9]. - International Interior Mirrors shipments are forecasted at 5.48 million, compared to 5.55 million in the previous year [9]. - North American Interior Mirrors shipments are estimated at 2.11 million, down from 2.26 million year-over-year [10]. Stock Performance - Gentex shares have shown a return of -12.9% over the past month, compared to a -8.9% change in the Zacks S&P 500 composite [10].