Gentex (GNTX) Q1 Earnings Match Estimates, Increase Y/Y [Yahoo! Finance]
Gentex Corporation (GNTX)
Last gentex corporation earnings: 4/24 08:00 am
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US:NASDAQ Investor Relations:
ir.gentex.com/investor-relations
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Source: Yahoo! Finance
This Zeeland-based automotive products supplier reported net sales of $590.2 million, which missed the Zacks Consensus Estimate of $600 million but increased 7% from the year-ago period. The company recorded a gross margin of 34.3%, reflecting an increase of 260 basis points from the first quarter of 2023, due to lower raw material costs, higher sales, better pricing and manufacturing efficiencies. Gentex Corporation Price, Consensus and EPS Surprise Gentex Corporation price-consensus-eps-surprise-chart | Gentex Corporation Quote Segmental Performance The Automotive segment's net sales — contributing the most to Gentex's revenues — totaled $577.6 million in the first quarter, which was 7% higher than the $537.4 million reported in the year-ago quarter and missed our estimate of $582.4 million. In the reported quarter, auto-dimming mirror shipments in the North American market decreased 4% to 3,883,000 units. Shipments fell 1% year over year in the international markets to 8,5
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GNTX
News
- Gentex Co. (NASDAQ: GNTX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- Most Shareholders Will Probably Find That The CEO Compensation For Gentex Corporation (NASDAQ:GNTX) Is Reasonable [Yahoo! Finance]Yahoo! Finance
- Gentex Co. (NASDAQ: GNTX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Gentex Corporation (NASDAQ:GNTX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
GNTX
Earnings
- 4/26/24 - In-Line
GNTX
Sec Filings
- 5/3/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/4/24 - Form DEFA14A
- GNTX's page on the SEC website