Report
David Whiston, CFA, CPA, CFE
EUR 101.80 For Business Accounts Only

Gentex Ends 2017 With Good Results and New Business For Its Full Display Mirror

Gentex reported a good fourth quarter to end 2017 with diluted EPS up 48% year over year to $0.46, easily beating consensus of $0.32. The $0.46 includes a $0.13 benefit for the new tax law. The company continues to deliver healthy unit shipment growth with fourth-quarter shipments up 13% year over year. Total revenue rose 9% to $459.6 million, also beating consensus. We are not changing our fair value estimate, but we will reassess our modeling assumptions in February when we incorporate the 10-...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

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