Gentex Corp. Q4 Profit Declines, Misses Estimates

(RTTNews) - Gentex Corp. (GNTX) released earnings for fourth quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $87.67 million, or $0.39 per share. This compares with $116.94 million, or $0.50 per share, last year.

Analysts on average had expected the company to earn $0.49 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 8.1% to $541.64 million from $589.13 million last year.

Gentex Corp. earnings at a glance (GAAP) :

-Earnings: $87.67 Mln. vs. $116.94 Mln. last year. -EPS: $0.39 vs. $0.50 last year. -Revenue: $541.64 Mln vs. $589.13 Mln last year.