Stay Ahead of the Game With Gentex (GNTX) Q2 Earnings: Wall Street's Insights on Key Metrics

Core Viewpoint - Gentex (GNTX) is expected to report quarterly earnings of $0.40 per share, an increase of 8.1% year-over-year, with revenues projected at $576.51 million, reflecting a 0.6% increase compared to the same period last year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate for the quarter has been revised upward by 0.5%, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts forecast 'Revenue- Other' to reach $16.14 million, representing an 18.7% increase from the prior-year quarter [4]. - The consensus estimate for 'Revenue- Automotive Products' is $574.89 million, indicating a 2.8% increase from the year-ago quarter [5]. Shipment Estimates - 'Auto-Dimming Mirror Shipments - Total Interior Mirrors' are expected to reach 7.46 million, slightly down from 7.54 million reported in the same quarter last year [5]. - 'Auto-Dimming Mirror Shipments - Total Exterior Mirrors' are projected at 4.34 million, down from 4.65 million in the previous year [6]. - Total 'Auto-Dimming Mirror Shipments' are expected to be 11.80 million, compared to 12.18 million reported last year [6]. - 'Auto-Dimming Mirror Shipments - Total North American Mirror Units' are estimated at 3.94 million, down from 4.05 million last year [7]. - 'Auto-Dimming Mirror Shipments - International Exterior Mirrors' are projected to be 2.72 million, down from 2.94 million in the same quarter last year [7]. - 'Auto-Dimming Mirror Shipments - North American Exterior Mirrors' are expected to reach 1.63 million, down from 1.71 million last year [8]. - 'Auto-Dimming Mirror Shipments - Total International Mirror Units' are projected at 7.86 million, down from 8.13 million reported last year [8]. - 'Auto-Dimming Mirror Shipments - International Interior Mirrors' are expected to be 5.14 million, slightly down from 5.19 million last year [9]. - 'Auto-Dimming Mirror Shipments - North American Interior Mirrors' are estimated at 2.32 million, down from 2.35 million last year [9]. Stock Performance - Over the past month, Gentex shares have returned +7.3%, outperforming the Zacks S&P 500 composite's +5.9% change, with a Zacks Rank 2 (Buy) indicating potential for further outperformance [10].