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Gentherm Inc (THRM)
:THRM
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.68Last Year’s EPS
0.9Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: -3.32%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a generally positive outlook for Gentherm, with significant new business awards, successful product launches, and notable growth in the medical segment. However, challenges remain with lower vehicle production impacting revenue and guidance being cut due to market conditions.Company Guidance
In the third quarter earnings call for 2024, Gentherm provided updated guidance reflecting challenging market conditions. They announced a revised revenue forecast of $1.45 billion to $1.47 billion, down from initial expectations due to declining light vehicle production and supply chain inventory adjustments. Despite these challenges, Gentherm anticipates an adjusted EBITDA margin near the midpoint of their original range of 12.5% to 13.5%, attributed to continued Fit-for-Growth initiatives. The company highlighted a record $600 million in automotive new business awards for the quarter, contributing to a year-to-date total of $1.8 billion and positioning them well for over $2 billion annually. They also noted strong performance with lumbar and massage comfort solutions, which saw a 46% revenue increase year-over-year, and continued demand for steering wheel heaters.Record Automotive New Business Awards
Gentherm secured $1.8 billion in new automotive business awards year-to-date, with a win rate exceeding 80%. They are on track for annual awards of over $2 billion for the second consecutive year.
Launch of ClimateSense on Cadillac Escalade IQ
Gentherm launched its ClimateSense software solution on a vehicle for the first time, showcasing it on the Cadillac Escalade IQ, a collaborative effort with General Motors.
Lumbar and Massage Comfort Solutions Revenue Increase
Lumbar and massage comfort solutions achieved a record quarterly revenue, increasing by 46% compared to the same period last year.
Medical Business Growth
The medical segment delivered double-digit revenue growth year-over-year, driven by patient warming products across Europe and Blanketrol product sales in the U.S.
Adjusted EBITDA Margin Expansion
Gentherm achieved year-to-date adjusted EBITDA margin expansion of nearly 100 basis points despite challenging market conditions.
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THRM 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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THRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $41.52 | $42.20 | +1.64% |
| Jul 31, 2024 | $50.31 | $55.18 | +9.68% |
| Apr 30, 2024 | $50.38 | $50.57 | +0.38% |
| Feb 21, 2024 | $49.30 | $59.18 | +20.04% |
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 Gentherm Inc (THRM) report earnings?
Gentherm Inc (THRM) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Gentherm Inc (THRM) earnings time?
Gentherm Inc (THRM) earnings time is at Feb 19, 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 THRM EPS forecast?
THRM EPS forecast for the fiscal quarter 2024 (Q4) is 0.68.
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