Gentherm Inc Earnings: Everything You Must Know Now

Gentherm Incorporated (NASDAQ:THRM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Gentherm Incorporated Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 100% to $0.22 in the quarter versus EPS of $0.11 in the year-earlier quarter.

Revenue: Rose 14.34% to $148.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Gentherm Incorporated reported adjusted EPS income of $0.22 per share. By that measure, the company beat the mean analyst estimate of $0.16. It beat the average revenue estimate of $138.19 million.

Quoting Management: President and CEO Daniel R. Coker said, “We started 2013 with excellent results in each of our major businesses. This year’s first quarter was the best first quarter in our history as we continued to grow and expand our business around the globe. Despite continuing global economic uncertainty, the strength of these results gives us confidence that 2013 will be a solid year and that we can reach our guidance of 8 to 10 percent growth for the year.”

Key Stats (on next page)…

Revenue decreased 0.09% from $148.24 million in the previous quarter. EPS increased 144.44% from $0.09 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.20 to a profit $0.22. For the current year, the average estimate has moved up from a profit of $0.88 to a profit of $0.89 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , ,  

More from The Cheat Sheet