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Gentex: Q4 Earnings Snapshot

Gentex: Q4 Earnings Snapshot

By AP News
Published - Jan 26, 2024, 08:18 AM ET
Last Updated - Jan 26, 2024, 08:18 AM EST

ZEELAND, Mich. (AP) — ZEELAND, Mich. (AP) — Gentex Corp. (GNTX) on Friday reported fourth-quarter earnings of $116.9 million.

The Zeeland, Michigan-based company said it had net income of 50 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The maker of automatic-dimming rearview mirrors and other products posted revenue of $589.1 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $561.6 million.

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