Gentex Corp. Q1 Earnings Advance 4%

(RTTNews) - Gentex Corp. (GNTX) released a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line rose to $80.28 million, or $0.28 per share. This was higher than $77.18 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.9% to $405.57 million. This was up from $368.94 million last year.

Gentex Corp. earnings at a glance:

-Earnings (Q1): $80.28 Mln. vs. $77.18 Mln. last year. -Earnings Growth (Y-o-Y): 4.0% -EPS (Q1): $0.28 vs. $0.26 last year. -EPS Growth (Y-o-Y): 7.7% -Analysts Estimate: $0.28 -Revenue (Q1): $405.57 Mln vs. $368.94 Mln last year. -Revenue Change (Y-o-Y): 9.9%