Could a company defy industry trends and still post impressive gains? Gentex Corporation‘s (NASDAQ:GNTX) latest earnings report raises eyebrows as it surges ahead despite a sluggish global auto market and tariff challenges.
Gentex Corporation (NASDAQ:GNTX) shares are trading higher on Friday after the company reported quarterly earnings per share of 43 cents, beating the analyst consensus estimate of 37 cents.
- GNTX stock is surging on strong momentum. Check the price action here.
Consolidated adjusted earnings per diluted share attributable to Gentex was 47 cents, after removing expenses related to acquisition costs and severance-related charges during the quarter.
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Quarterly sales of $657.9 million (+15% year over year) outpaced the Street view of $604.874 million.
Gentex completed its acquisition …