Gentherm Q2 Adj EPS $0.58 Beats $0.54 Estimate, Sales $372.30M Beat $368.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gentherm (NASDAQ:THRM) reported Q2 adjusted earnings of $0.58 per share, beating the analyst consensus estimate of $0.54 by 7.41%. This is a 132% increase from the same period last year. The company also reported quarterly sales of $372.30 million, beating the analyst consensus estimate of $368.55 million by 1.02%, a 42.80% increase from last year.
August 01, 2023 | 10:01 am
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Gentherm's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Gentherm's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
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