Gentex Corp. Reveals 18% Advance In Q3 Earnings

(RTTNews) - Gentex Corp. (GNTX) reported a profit for its third quarter that gained ground from last year.

The company said its bottom line advanced to $92.06 million, or $0.32 per share. This was higher than $78.33 million, or $0.27 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.2% to $429.64 million. This was up from $389.83 million last year.

Gentex Corp. earnings at a glance:

-Earnings (Q3): $92.06 Mln. vs. $78.33 Mln. last year. -Earnings Growth (Y-o-Y): 17.5% -EPS (Q3): $0.32 vs. $0.27 last year. -EPS Growth (Y-o-Y): 18.5% -Analysts Estimate: $0.30 -Revenue (Q3): $429.64 Mln vs. $389.83 Mln last year. -Revenue Change (Y-o-Y): 10.2%