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Earnings Preview: Gentex

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Gentex (NASDAQ:GNTX) unveils its next round of earnings this Friday, April 23. Here is Benzinga's everything-that-matters guide for the earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Based on management's projections, Gentex analysts model for earnings of $0.49 per share on sales of $492.55 million. In the same quarter last year, Gentex reported EPS of $0.36 on revenue of $453.76 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Friday, EPS would be up 36.11%. Revenue would be have grown 8.55% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.50 0.40 0.13 0.36
EPS Actual 0.58 0.48 0.02 0.36
Revenue Estimate 483.16 M 451.25 M 268.53 M 438.66 M
Revenue Actual 529.86 M 474.64 M 229.93 M 453.76 M

eps graph

Stock Performance

Shares of Gentex were trading at $36.13 as of April 21. Over the last 52-week period, shares are up 49.19%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Gentex is scheduled to hold the call at 09:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings