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Gentex: Q3 Earnings Snapshot

By AP News - Oct 25, 2024, 12:13 PM ET
Last Updated - Oct 25, 2024, 12:13 PM EDT
Gentex: Q3 Earnings Snapshot

ZEELAND, Mich. (AP) — ZEELAND, Mich. (AP) — Gentex Corp. (GNTX) on Friday reported third-quarter earnings of $122.5 million.

The Zeeland, Michigan-based company said it had net income of 53 cents per share.

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The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.

The maker of automatic-dimming rearview mirrors and other products posted revenue of $608.5 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $611.3 million.

Gentex expects full-year revenue in the range of $2.35 billion to $2.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNTX at https://www.zacks.com/ap/GNTX

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