Gentherm Q2 2024 Adj. EPS $0.66 Beats $0.61 Estimate, Sales $375.683M Beat $374.152M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gentherm (NASDAQ:THRM) reported Q2 2024 adjusted EPS of $0.66, beating the $0.61 estimate. Sales were $375.683M, surpassing the $374.152M estimate. EPS increased by 13.79% YoY, and sales grew by 0.90% YoY.
July 31, 2024 | 10:07 am
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Gentherm (NASDAQ:THRM) reported Q2 2024 adjusted EPS of $0.66, beating the $0.61 estimate by 8.2%. Sales were $375.683M, surpassing the $374.152M estimate by 0.41%. EPS increased by 13.79% YoY, and sales grew by 0.90% YoY.
Gentherm's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong performance. The significant YoY growth in EPS and slight increase in sales are positive indicators for the company's short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100