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Gentex Corp Issues Q1 2013 Revenue Guidance Below Analysts' Estimates

Tuesday, 29 Jan 2013 08:00am EST 

Gentex Corp announced that for the first quarter of 2013, the Company estimates that net sales will decline by approximately 5% to 10% compared with the first quarter of 2012, based on IHS's January 2013 forecast for light vehicle production levels, as well as the Company's 12-week customer order release schedule. The Company reported revenue of $290.71 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $281.33 million for the first quarter of 2013. 

Company Quote

-0.21 -0.65%
10:51am EDT