We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Gentex (GNTX) Q1: Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Gentex (GNTX - Free Report) will report quarterly earnings of $0.43 per share in its upcoming release, pointing to a year-over-year decline of 8.5%. It is anticipated that revenues will amount to $584.51 million, exhibiting a decline of 1% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Gentex metrics that are commonly tracked and forecasted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue- Other' of $15.06 million. The estimate points to a change of +19.5% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Automotive Products' will reach $568.61 million. The estimate points to a change of -1.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Auto-Dimming Mirror Shipments - Total Interior Mirrors' will likely reach 7.59 million. The estimate compares to the year-ago value of 7.82 million.
Analysts forecast 'Auto-Dimming Mirror Shipments - Total Exterior Mirrors' to reach 4.42 million. The estimate is in contrast to the year-ago figure of 4.66 million.
Analysts' assessment points toward 'Auto-Dimming Mirror Shipments - Total Auto-Dimming Mirror Units' reaching 12.02 million. The estimate is in contrast to the year-ago figure of 12.47 million.
Based on the collective assessment of analysts, 'Auto-Dimming Mirror Shipments - Total North American Mirror Units' should arrive at 3.69 million. Compared to the current estimate, the company reported 3.88 million in the same quarter of the previous year.
The consensus among analysts is that 'Auto-Dimming Mirror Shipments - International Exterior Mirrors' will reach 2.85 million. The estimate is in contrast to the year-ago figure of 3.03 million.
The average prediction of analysts places 'Auto-Dimming Mirror Shipments - North American Exterior Mirrors' at 1.57 million. Compared to the current estimate, the company reported 1.62 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Auto-Dimming Mirror Shipments - Total International Mirror Units' should come in at 8.33 million. The estimate is in contrast to the year-ago figure of 8.59 million.
Analysts expect 'Auto-Dimming Mirror Shipments - International Interior Mirrors' to come in at 5.48 million. The estimate is in contrast to the year-ago figure of 5.55 million.
The consensus estimate for 'Auto-Dimming Mirror Shipments - North American Interior Mirrors' stands at 2.11 million. Compared to the current estimate, the company reported 2.26 million in the same quarter of the previous year.
Shares of Gentex have demonstrated returns of -12.9% over the past month compared to the Zacks S&P 500 composite's -8.9% change. With a Zacks Rank #3 (Hold), GNTX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Gentex (GNTX) Q1: Wall Street Projections for Key Metrics
Wall Street analysts forecast that Gentex (GNTX - Free Report) will report quarterly earnings of $0.43 per share in its upcoming release, pointing to a year-over-year decline of 8.5%. It is anticipated that revenues will amount to $584.51 million, exhibiting a decline of 1% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Gentex metrics that are commonly tracked and forecasted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue- Other' of $15.06 million. The estimate points to a change of +19.5% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Automotive Products' will reach $568.61 million. The estimate points to a change of -1.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Auto-Dimming Mirror Shipments - Total Interior Mirrors' will likely reach 7.59 million. The estimate compares to the year-ago value of 7.82 million.
Analysts forecast 'Auto-Dimming Mirror Shipments - Total Exterior Mirrors' to reach 4.42 million. The estimate is in contrast to the year-ago figure of 4.66 million.
Analysts' assessment points toward 'Auto-Dimming Mirror Shipments - Total Auto-Dimming Mirror Units' reaching 12.02 million. The estimate is in contrast to the year-ago figure of 12.47 million.
Based on the collective assessment of analysts, 'Auto-Dimming Mirror Shipments - Total North American Mirror Units' should arrive at 3.69 million. Compared to the current estimate, the company reported 3.88 million in the same quarter of the previous year.
The consensus among analysts is that 'Auto-Dimming Mirror Shipments - International Exterior Mirrors' will reach 2.85 million. The estimate is in contrast to the year-ago figure of 3.03 million.
The average prediction of analysts places 'Auto-Dimming Mirror Shipments - North American Exterior Mirrors' at 1.57 million. Compared to the current estimate, the company reported 1.62 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Auto-Dimming Mirror Shipments - Total International Mirror Units' should come in at 8.33 million. The estimate is in contrast to the year-ago figure of 8.59 million.
Analysts expect 'Auto-Dimming Mirror Shipments - International Interior Mirrors' to come in at 5.48 million. The estimate is in contrast to the year-ago figure of 5.55 million.
The consensus estimate for 'Auto-Dimming Mirror Shipments - North American Interior Mirrors' stands at 2.11 million. Compared to the current estimate, the company reported 2.26 million in the same quarter of the previous year.
View all Key Company Metrics for Gentex here>>>
Shares of Gentex have demonstrated returns of -12.9% over the past month compared to the Zacks S&P 500 composite's -8.9% change. With a Zacks Rank #3 (Hold), GNTX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>