Gentex Q2 EPS $0.37 Misses $0.52 Estimate, Sales $572.93M Miss $620.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gentex (NASDAQ:GNTX) reported Q2 earnings of $0.37 per share, missing the analyst estimate of $0.52 by 28.85%. Sales were $572.93M, also below the $620.04M estimate. Both earnings and sales decreased compared to the same period last year.
July 26, 2024 | 12:02 pm
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Gentex reported Q2 earnings of $0.37 per share, missing the analyst estimate of $0.52 by 28.85%. Sales were $572.93M, also below the $620.04M estimate. Both earnings and sales decreased compared to the same period last year.
Gentex's significant miss on both earnings and sales estimates, along with a year-over-year decline in both metrics, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100