Earnings Preview: Gentherm

Gentherm (NASDAQ:THRM) will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Gentherm to report an earnings per share (EPS) of $0.66.

Anticipation surrounds Gentherm's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

The company's EPS beat by $0.05 in the last quarter, leading to a 1.96% drop in the share price on the following day.

Here's a look at Gentherm's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.61

0.43

0.52

0.68

EPS Actual

0.66

0.62

0.90

0.64

Price Change %

-2.0%

3.0%

-1.0%

-8.0%

Performance of Gentherm Shares

Shares of Gentherm were trading at $41.7 as of October 28. Over the last 52-week period, shares are up 5.48%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Gentherm

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Gentherm.

Analysts have given Gentherm a total of 1 ratings, with the consensus rating being Neutral. The average one-year price target is $56.0, indicating a potential 34.29% upside.

Peer Ratings Comparison

In this comparison, we explore the analyst ...