Gentherm (THRM) Misses Q1 EPS by 6c; Maintains Outlook

Gentherm (NASDAQ: THRM) reported Q1 EPS of $0.41, $0.06 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $288.5 million versus the consensus estimate of $254.5 million.

GUIDANCE:

The Company maintains its full-year 2022 guidance that was initially provided on its year-end 2021 earnings release on February 17, 2022, excluding any impact from the announced acquisition of Alfmeier:

Adjusted EBITDA between 14% and 16% of product revenues

Full-year effective tax rate between 26% and 28%
Capital expenditures between $50 million and $60 million

For earnings history and earnings-related data on Gentherm (THRM) click here.

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