Shares of Gentex GNTX remained unaffected after the company reported Q4 results.
Quarterly Results
Earnings per share were up 48.72% over the past year to $0.58, which beat the estimate of $0.50.
Revenue of $529,864,000 higher by 19.38% year over year, which beat the estimate of $483,160,000.
Outlook
The upcoming fiscal year's revenue expected to be between $1,940,000,000 and $2,020,000,000.
Conference Call Details
Date: Jan 29, 2021
Time: 09:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/dqow5rdv
Technicals
Company's 52-week high was at $37.75
Company's 52-week low was at $19.48
Price action over last quarter: Up 16.70%
Company Description
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 97% of total revenue, and the company is constantly developing new applications for the technology to remain on top. Sales from 2019 totaled about $1.9 billion with 42.9 million mirrors shipped. The company is based in Zeeland, Michigan.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.