GNTX Stock Recent News

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.

ZEELAND, Mich., July 26, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2024.

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.

Despite global auto sales softening, Gentex's leverage to ADAS mandates and higher-value products like Full Display Mirrors positions it as a more reliable option in the volatile auto components market. Management is looking beyond its core mirrors business with new products such as dimmable surfaces, in-cabin air quality monitors, and smart home solutions, broadening its market reach and growth potential. I believe that improving the mix could drive an EPS beat in the upcoming Q2 earnings report, but I'm concerned that a weakening auto market could drag down expectations for 2H'24.

ZEELAND, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, is pleased to announce that it will release its second quarter 2024 financial results on Friday, July 26, before the market opens.

ZEELAND, Mich., May 29, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable July 17, 2024, to shareholders of record of the common stock at the close of business on July 5, 2024.

Gentex's (GNTX) first-quarter 2024 earnings match the Zacks Consensus Estimate, while revenues miss the same.

Gentex Corporation (NASDAQ:GNTX ) Q1 2024 Earnings Conference Call April 26, 2024 9:30 AM ET Company Participants Josh O'Berski - Director, IR Steven Downing - President, CEO & Director Kevin Nash - VP, Finance, CFO, Treasurer & CAO Neil Boehm - CTO & VP, Engineering Conference Call Participants Luke Junk - Robert W. Baird & Co. Ronald Jewsikow - Guggenheim Securities James Picariello - BNP Paribas Exane David Whiston - Morningstar Mark Delaney - Goldman Sachs Group Josh Nichols - B.

The headline numbers for Gentex (GNTX) give insight into how the company performed in the quarter ended March 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 $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago.