Gentex Earnings: Rising Input Costs for Auto Manufacturers Lead to Guidance Cut
Gentex stock fell sharply during Oct. 23 trading after reporting third-quarter adjusted diluted earnings per share of $0.47, missing the $0.50 LSEG consensus. Management cut 2026 gross margin guidance to 34%-34.5% from 34.5%-35.5% and lowered revenue to $2.65 billion from a midpoint of $2.7 billion.