Gentherm Inc reports results for the quarter ended September 30 - Earnings Summary

• Gentherm Inc THRM.OQ reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of five analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 62 cents to 68 cents per share.

• Revenue rose 4.1% to $386.87 million from a year ago; analysts expected $374.75 million.

• Gentherm Inc's reported EPS for the quarter was 49 cents​.

• The company reported quarterly net income of $14.95 million.

• Gentherm Inc shares had risen by 0.9% this quarter and lost 14.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

• Wall Street's median 12-month price target for Gentherm Inc is $43.00, about 18.4% above its last closing price of $35.09

This summary was machine generated from LSEG data October 23 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)