Published on 24 Feb 2024 on Simply Wall St. via Yahoo Finance
Results: Gentherm Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Shareholders of Gentherm Incorporated (NASDAQ:THRM) will be pleased this week, given that the stock price is up 11% to US$55.68 following its latest annual results. Gentherm reported US$1.5b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$1.22 beat expectations, being 8.4% higher than what the analysts expected. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Check out our latest analysis for Gentherm
