Gentex Corp
GNTX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| vf | LOCK|m#B& | LOCK|&sg@^^ |
Gentex Earnings: Strong Operational Performance Yields Solid Quarter Despite External Pressures
Despite higher input costs on memory and commodities, Gentex's first-quarter adjusted earnings per share of $0.48 beat the $0.45 LSEG consensus. Gross margin excluding the Voxx acquisition increased 80 basis points year over year to 34%; including Voxx, margin increased 60 basis points to 33.8%.
