Gentex Corporation (GNTX - Free Report) delivered third-quarter 2019 earnings per share of 44 cents, which beat the Zacks Consensus Estimate of 42 cents on higher revenues and increasing auto-dimming mirror shipments. In the year-ago quarter, the company’s earnings were 42 cents. Its net income rose to $111.9 million from $111.3 million reported in third-quarter 2018.
During the quarter under review, the company delivered net sales of $477.8 million, which nominally beat the Zacks Consensus Estimate of $477 million. Moreover, the top line grew 3.8% from the year-ago quarter’s figure of $460.3 million.
Gentex Corporation Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Gentex Corporation (GNTX - Free Report) delivered third-quarter 2019 earnings per share of 44 cents, which beat the Zacks Consensus Estimate of 42 cents on higher revenues and increasing auto-dimming mirror shipments. In the year-ago quarter, the company’s earnings were 42 cents. Its net income rose to $111.9 million from $111.3 million reported in third-quarter 2018.
During the quarter under review, the company delivered net sales of $477.8 million, which nominally beat the Zacks Consensus Estimate of $477 million. Moreover, the top line grew 3.8% from the year-ago quarter’s figure of $460.3 million.
Gentex Corporation Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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