Gentex Corp. Profit Advances In Q4

(RTTNews) - Gentex Corp. (GNTX) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line climbed to $130.47 million, or $0.46 per share. This was higher than $88.76 million, or $0.31 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.4% to $459.57 million. This was up from $419.91 million last year.

Gentex Corp. earnings at a glance:

-Earnings (Q4): $130.47 Mln. vs. $88.76 Mln. last year. -Earnings Growth (Y-o-Y): 47.0% -EPS (Q4): $0.46 vs. $0.31 last year. -EPS Growth (Y-o-Y): 48.4% -Analysts Estimate: $0.32 -Revenue (Q4): $459.57 Mln vs. $419.91 Mln last year. -Revenue Change (Y-o-Y): 9.4%

-Guidance: Full year revenue guidance: $1.89 - $1.97 Bln