Gentherm Inc (NASDAQ:THRM) manufacturer of auto parts, is reporting second quarter earnings results on Tuesday 4th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.48 per share.
For the full year, analysts predict revenues of $ 779.74 million, while looking forward to income of $ 0.93 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 961.97 million ~ $ 1,001.00 million
Click Here For More Historical Outlooks Of Gentherm Inc
Previous Quarter Performance
Gentherm Inc outlined income for the first quarter of $ 0.51 per share, from the revenue of $ 228.61 million. The quarterly earnings down 7.27 percent while revenues declined 8.86 percent compared with the same quarter last year.
According to street consensus, THRM was expected to report 1Q20 income of $ 0.46 per share from revenue of $ 240.15 million. The bottom line results beat street analysts by $ 0.05 or 10.87 percent, at the same time, top line results fell short of analysts by $ 11.54 million or 4.81 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of THRM was $ 40.32, representing a 48.02 % increase from the 52 week low of $ 27.24 and a 19.28 % decrease over the 52 week high of $ 49.95.
The company has a market capital of $ 1.31 billion and is part of the Consumer Cyclical sector and Auto Parts industry.
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Conference Call
Gentherm Inc will be hosting a conference call at 8:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gentherm.com
Gentherm Incorporated designs, develops, and manufactures thermal management technologies. The company operates through two segments, Automotive and Industrial. The Automotive segment offers climate comfort system solutions, including seat heaters; variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; integrated electronic components, such as blowers and electronic control units; and steering wheel heaters, neck climate control systems, and surface climate control systems for doors, armrests, cupholders, and storage products.