Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Gentherm Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Investors in Gentherm Incorporated (NASDAQ:THRM) had a good week, as its shares rose 3.0% to close at US$51.49 following the release of its first-quarter results. It looks like a credible result overall - although revenues of US$356m were what the analysts expected, Gentherm surprised by delivering a (statutory) profit of US$0.47 per share, an impressive 32% above what was forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Gentherm after the latest results.
Check out our latest analysis for Gentherm
