Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Gentex has evolved from smoke detectors to high-tech automotive products, including dimmable glass and full-display mirrors, showcasing innovation at CES 2025. Despite steady growth in sales and earnings, GNTX's stock performance has lagged, with a total return of -1.14% since January 2020. The acquisition of Voxx International is expected to boost revenue and provide access to valuable biometric technology, enhancing Gentex's product offerings.
GNTX reports mixed third-quarter results and expects 2024 net sales in the range of $2.35-$2.40 billion, down from the previous estimate of $2.40-$2.50 billion.
The headline numbers for Gentex (GNTX) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gentex (GNTX) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.45 per share a year ago.
Gentex Corporation (NASDAQ:GNTX ) Q3 2024 Earnings Call Transcript October 25, 2024 9:30 AM ET Company Participants Josh O'Berski - Director of Investor Relations Steve Downing - President and Chief Executive Officer Neil Boehm - Chief Technology Officer Kevin Nash - Chief Financial Officer, CAO, Vice President of Finance, and Treasurer Conference Call Participants Luke Junk - Baird James Picariello - BNP Paribas Ryan Brinkman - JP Morgan Ron Jewsikow - Guggenheim Partners Josh Nichols - B. Riley Joseph Spak - UBS Operator Good day, and thank you for standing by.
Beyond analysts' top -and-bottom-line estimates for Gentex (GNTX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Gentex (GNTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gentex (GNTX) reports lower-than-expected second-quarter results and expects 2024 net sales in the range of $2.40-$2.50 billion, down from the previous estimate of $2.45-$2.55 billion.
While the top- and bottom-line numbers for Gentex (GNTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Gentex (GNTX) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.47 per share a year ago.
Gentex Corporation is a leading automotive supplier focusing on digital vision, connected car, and dimmable glass products. The company's revenue and profitability are on the rise, with expected growth in light vehicle production likely to push results higher, despite a recent drop in shares. Analysts anticipate revenue and earnings growth for the company in the second quarter. But until new data comes out, a 'hold' rating makes the most sense.