Gentex is trading 6.44% down at $20.34 after third-quarter sales and adjusted diluted EPS both missed analyst expectations.
- Third-quarter sales were $647.7 million, missing analyst expectations of approximately $670 million.
- Adjusted diluted EPS came in at $0.47, falling short of the consensus estimate of $0.50.
- Gross margin fell year over year to 33.4% from 34.4% in the prior year.