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Gentex (GNTX)
NASDAQ:GNTX
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.44Last Year’s EPS
0.47Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 31, 2025
|% Change Since: -13.64%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
While Gentex achieved record annual sales and strong growth in Full Display Mirror shipments, the fourth quarter was marked by revenue decline, decreased gross margins, and increased operating expenses. The company's showcase at CES 2025 highlights its commitment to innovation, but challenges in primary markets and a weaker product mix impacted short-term performance.Company Guidance
During the call, Gentex provided guidance for the fiscal year 2025, projecting revenue to be between $2.4 billion and $2.45 billion, with a gross margin expected to fall between 33.5% and 34.5%. Operating expenses are anticipated to range from $310 million to $320 million, and the effective tax rate is estimated between 15% and 17%. Capital expenditures are forecasted to be between $125 million and $150 million, while depreciation and amortization are expected to be between $85 million and $90 million. Additionally, the company is forecasting revenue for 2026 to be between $2.55 billion and $2.65 billion. The guidance does not account for any potential impact from the pending acquisition of VOXX International Corporation.Record Annual Sales
Gentex achieved record annual sales with net sales reaching $2.31 billion for fiscal year 2024, marking a 1% increase from the previous year despite a 4% decrease in light vehicle production in primary markets.
Strong Growth in Full Display Mirror Shipments
Full Display Mirror shipments increased by 21% to 2.96 million units for the year, offsetting a 6% decrease in automotive mirror unit shipments.
CES 2025 Showcase
Gentex showcased various new and innovative technologies at CES 2025, including large dimming films on plastic substrates, wireless power and data technology, and a new generation of HomeLink.
Share Repurchase Program
The company repurchased 6.4 million shares of its common stock in 2024, totaling $206.1 million, demonstrating continued commitment to returning value to shareholders.
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GNTX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GNTX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 31, 2025 | $28.22 | $25.92 | -8.15% |
| Oct 25, 2024 | $29.53 | $31.11 | +5.35% |
| Jul 26, 2024 | $32.28 | $30.93 | -4.18% |
| Apr 26, 2024 | $34.23 | $34.29 | +0.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gentex (GNTX) report earnings?
Gentex (GNTX) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Gentex (GNTX) earnings time?
Gentex (GNTX) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GNTX EPS forecast?
GNTX EPS forecast for the fiscal quarter 2025 (Q1) is 0.44.
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