Zacks Investment Research
Gentherm (THRM) Lags Q3 Earnings Estimates
Gentherm reported quarterly earnings of $0.33 per share, missing consensus estimates of $0.66 and falling from $0.73 a year ago. While revenues slightly exceeded expectations at $405.1 million, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions. The stock has underperformed the S&P 500 by 35.1% year-to-date, and the automotive industry outlook remains weak, ranking in the bottom 18% of industries.
