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BUZZ-Gentex Corp falls on quarterly profit miss

ReutersJan 31, 2025 2:42 PM

** Shares of auto-parts manufacturer Gentex Corp GNTX.O down 8.19% at $25.9

** GNTX reports Q4 profit of $0.39 per share, below analysts' average estimate of $0.48, due to weakness in light vehicle production volumes - LSEG data

** Posts Q4 net sales of $541.6 mln vs estimates of $599 mln

** Co expects 2025 revenue of $2.40 bln to $2.45 bln vs estimates of $2.58 bln

** Sees 2026 revenue to be between $2.55 bln and $2.65 bln

** Shares fell ~12.03% in 2024

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