08:26 AM EDT, 07/26/2024 (MT Newswires) -- Gentex ( GNTX ) reported Q2 earnings Friday of $0.37 per diluted share, down from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.51.

Net sales for the quarter ended June 30 were $572.9 million, down from $583.5 million a year earlier.

Analysts surveyed by Capital IQ expected $618 million.

Gentex ( GNTX ) said it now expects 2024 revenue to be in the range of $2.40 billion to $2.50 billion, compared with $2.45 billion to $2.55 billion, previously. Analysts polled by Capital IQ expect $2.49 billion.

Shares of Gentex ( GNTX ) were down 6.2% in recent Friday premarket activity.

Price: 30.55, Change: -2.01, Percent Change: -6.17