Q3 2018

A Gentex Co. (NASDAQ: GNTX) divulgou seu resultado trimestral na sexta-feira, 19 de outubro. A empresa informou $ 0,42 EPS no trimestre, em linha com a estimativa de consenso do mercado, que era de $ 0,42. A companhia reportouq receita de US $ 460,25 milhões no trimestre, ao passo que a estimativa de consenso era de US $ 465,51 milhões. Gentex teve uma margem líquida de 24,25% e um retorno sobre o patrimônio líquido de 20,27%. A receita da Gentex no trimestre subiu 4,9% em relação ao mesmo trimestre do ano passado. Durante o mesmo período do ano anterior, a empresa divulgou US $ 0,31 EPS.
NASDAQ:GNTX - Stock Price, News, & Analysis for Gentex

3rd Quarter 2018 Summary

Net Sales growth of 5% quarter over quarter

Gross Margin of 37.6% including negative tariff impact of 60 basis points

Net Income increased 23% quarter over quarter

Earnings per Diluted Share increased 35% quarter over quarter to $0.42 per share

7.5 million shares repurchased during the quarter

$23.1 million of debt repaid during the quarter
"The third quarter of 2018 began with vehicle production estimates pointing toward near double-digit revenue growth for the quarter, but actual vehicle production levels came in considerably lower than anyone expected. We believe much of the headwind in the European market was driven by the WLTP regulation changes that took effect during the third quarter. Despite the difficult production environment, we are pleased that our level of growth outpaced our primary markets by 8% on a quarter over quarter basis, which was driven by launches and continuing ramp-up in production of our Full Display Mirror," said President and CEO Steve Downing.
Gentex Reports Third Quarter 2018 Financial Results | Gentex Corporation