Gentherm Q4 Adj. EPS $0.90 Beats $0.52 Estimate, Sales $366.93M Beat $358.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gentherm (NASDAQ:THRM) reported Q4 adjusted EPS of $0.90, surpassing the $0.52 estimate, a 73.08% beat. Sales reached $366.93M, exceeding the $358.33M estimate by 2.40%, marking a 6.88% increase from the previous year.
February 21, 2024 | 11:03 am
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Gentherm's Q4 earnings and sales exceeded analyst expectations, with a significant EPS beat and a sales increase both year-over-year and against estimates.
Gentherm's substantial beat on both earnings per share and sales estimates, coupled with year-over-year growth, indicates strong company performance and operational efficiency. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100