Gentex (GNTX) reported $608.53 million in income for the quarter ended September 2024, representing a year-over-year improve of 5.7%. EPS of $0.53 for a similar interval compares to $0.45 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $611.33 million, representing a shock of -0.46%. The corporate delivered an EPS shock of +6.00%, with the consensus EPS estimate being $0.50.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.
Right here is how Gentex carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Auto-Dimming Mirror Shipments – Whole Inside Mirrors: 7.86 million versus the two-analyst common estimate of seven.91 million.
- Auto-Dimming Mirror Shipments – Whole Exterior Mirrors: 4.36 million in comparison with the 4.47 million common estimate based mostly on two analysts.
- Auto-Dimming Mirror Shipments – Whole Auto-Dimming Mirror Models: 12.22 million versus the two-analyst common estimate of 12.38 million.
- Auto-Dimming Mirror Shipments – Whole North American Mirror Models: 3.82 million versus the two-analyst common estimate of three.96 million.
- Auto-Dimming Mirror Shipments – Worldwide Exterior Mirrors: 2.83 million versus 2.83 million estimated by two analysts on common.
- Auto-Dimming Mirror Shipments – North American Exterior Mirrors: 1.53 million versus the two-analyst common estimate of 1.64 million.
- Auto-Dimming Mirror Shipments – Whole Worldwide Mirror Models: 8.4 million in comparison with the 8.42 million common estimate based mostly on two analysts.
- Auto-Dimming Mirror Shipments – Worldwide Inside Mirrors: 5.57 million versus 5.59 million estimated by two analysts on common.
- Auto-Dimming Mirror Shipments – North American Inside Mirrors: 2.29 million versus the two-analyst common estimate of two.32 million.
- Income- Different: $12 million versus $12.99 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +6.2% change.
- Income- Automotive Merchandise: $596.50 million versus the three-analyst common estimate of $598.51 million. The reported quantity represents a year-over-year change of +5.7%.
View all Key Company Metrics for Gentex here>>>
Shares of Gentex have returned -4.2% over the previous month versus the Zacks S&P 500 composite’s +1.4% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
7 Greatest Shares for the Subsequent 30 Days
Simply launched: Consultants distill 7 elite shares from the present listing of 220 Zacks Rank #1 Sturdy Buys. They deem these tickers “Most Probably for Early Value Pops.”
Since 1988, the complete listing has overwhelmed the market greater than 2X over with a mean acquire of +23.7% per yr. So make sure to give these hand picked 7 your fast consideration.
Gentex Corporation (GNTX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
