Gentex Corp. (GNTX) released earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's earnings totaled $87.67 million, or $0.39 per share. This compares with $116.94 million, or $0.50 per share, last year.
Analysts on average had expected the company to earn $0.49 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 8.1% to $541.64 million from $589.13 million last year.
Gentex Corp. earnings at a glance (GAAP) :
-Earnings: $87.67 Mln. vs. $116.94 Mln. last year.
-EPS: $0.39 vs. $0.50 last year.
-Revenue: $541.64 Mln vs. $589.13 Mln last year.
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