Gentherm Incorporated (NASDAQ: THRM) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
It appears that the concern is on the verge of revealing their estimated $0.66 profit per share for the quarter, as well as their total revenue of $373.68 million for this specific period, according to financial experts on Wall Street.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.64. This considerable sum was attributed to the company's total revenue, which reached an impressive $366.2 million during that specific quarter.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $1.5 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $2.8 per share during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.66 | +13.8% | 375.68 M | +0.9% |
| Q1 2024 | $0.62 | +26.5% | 356.02 M | -2.1% |
| Q4 2023 | $0.90 | +91.5% | 366.93 M | +6.9% |
| Q3 2023 | $0.64 | -8.6% | 366.20 M | +10.0% |
| Q2 2023 | $0.58 | +132.0% | 372.32 M | +42.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Gentherm Incorporated (THRM) closed Monday's regular trading session at $41.70, reflecting a 3.27 percent advance. During the day, THRM shares traded between $40.72 and $41.80, with a day volume of 205.60 thousand shares.
