Gentex Corp (GNTX) Reports In-Line Q3 EPS, Miss on Revenues; Lowers FY17 Revenue Guidance Below Consensus

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Go back to Gentex Corp (GNTX) Reports In-Line Q3 EPS, Miss on Revenues; Lowers FY17 Revenue Guidance Below Consensus

Gentex (GNTX) PT Lowered to $21 at Baird Following 3Q Release

October 23, 2017 9:05 AM EDT

Baird lowered its price target on Gentex (NASDAQ: GNTX) to $21.00 (from $22.00) while maintaining a Outperform rating following the company's 3Q earnings report. Gentex reported in-line Q3 EPS, but concerns about the revenue miss and lower Q4 revenue guidance overshadowed better margin... More