NASDAQ$THRM
Gentherm Incorporated · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Achieved record quarterly automotive revenue and highest quarterly gross margin and gross margin rate in three years, with strong net income growth and record adjusted EBITDA.
Gentherm reported strong Q3 2020 results, with product revenues increasing by 8.1% year-over-year to $259.5 million. The company achieved record quarterly automotive revenue, the highest gross margin in three years, and a significant increase in net income and adjusted EBITDA. GAAP diluted earnings per share was $0.73, and adjusted earnings per share was $0.91.
- Product revenues increased by 8.1% to $259.5 million compared to Q3 2019.
- GAAP diluted earnings per share was $0.73, up from $0.48 in the prior-year period.
- Adjusted earnings per share was $0.91, compared to $0.68 in the prior-year period.
- Secured automotive new business awards totaling $80 million.
Headline financials
Revenue & EPS history
Gentherm · Revenue · Quarterly
$260M
Revenue by segment
Gentherm · $479M total across 5 segments · Q3 2022
- Automotive segment$323M—67.3%
- Climate Control Seats$112M—23.4%
- Lumbar and Massage Comfort Solutions$22.7M—4.7%
- Other Automotive$11.4M—2.4%
- Medical segment$10.4M—2.2%
Forward guidance
The Company expects product revenues in the fourth quarter of 2020 to be in the range of $240 to $260 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.7%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.4%
Avg return
30 days after
56%
37 / 66 earnings
Positive
+18.4%
Q4 2023
Best reaction
-22.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.3% | +4.0% | +13.7% | |
| Q4 2025 | +1.4% | +10.8% | -10.9% | |
| Q3 2025 | +8.2% | +7.2% | +1.9% | |
| Q2 2025 | -1.7% | -1.9% | -3.4% | |
| Q1 2025 | -0.3% | +3.8% | +8.2% | |
| Q4 2024 | -7.7% | -6.0% | -16.8% | |
| Q3 2024 | +1.0% | +5.8% | +1.4% | |
| Q2 2024 | +7.5% | -1.0% | +0.5% | |
| Q1 2024 | +3.1% | +1.7% | +5.3% | |
| Q4 2023 | +18.4% | +12.8% | +11.5% | |
| Q3 2023 | -22.7% | -23.7% | -11.7% | |
| Q2 2023 | +7.7% | +8.3% | +0.7% | |
| Q1 2023 | +5.1% | +4.5% | +0.7% | |
| Q4 2022 | -7.2% | -9.1% | -17.7% | |
| Q3 2022 | +1.5% | +13.6% | +25.0% | |
| Q2 2022 | -5.9% | -5.1% | -7.7% | |
| Q1 2022 | -1.1% | -6.1% | +1.9% | |
| Q4 2021 | -1.0% | -2.0% | -17.1% | |
| Q3 2021 | -16.8% | -8.6% | -5.2% | |
| Q2 2021 | +15.0% | +15.5% | +22.0% | |
| Q1 2021 | -6.4% | -6.0% | -4.6% | |
| Q4 2020 | +2.3% | +2.7% | +9.6% | |
| Q3 2020 | +4.3% | +10.9% | +28.3% | |
| Q2 2020 | +5.7% | +5.7% | +11.9% | |
| Q1 2020 | +4.7% | +2.3% | +19.3% | |
| Q4 2019 | +5.1% | +0.2% | -38.7% | |
| Q3 2019 | -4.2% | -6.3% | -5.7% | |
| Q2 2019 | +1.0% | +0.5% | -12.3% | |
| Q1 2019 | -0.2% | -0.0% | -6.0% | |
| Q4 2018 | -0.2% | -0.2% | -14.6% | |
| Q3 2018 | +13.3% | +17.7% | +18.5% | |
| Q2 2018 | +6.8% | +9.8% | +18.8% | |
| Q1 2018 | -3.1% | -2.7% | +0.6% | |
| Q4 2017 | +4.1% | -0.3% | +6.8% | |
| Q3 2017 | -6.1% | -4.8% | +0.3% | |
| Q2 2017 | -11.3% | -15.2% | -23.0% | |
| Q1 2017 | +2.3% | +2.2% | +4.0% | |
| Q4 2016 | +6.6% | +2.4% | +3.5% | |
| Q3 2016 | -3.8% | -5.5% | +9.1% | |
| Q2 2016 | -11.7% | -16.8% | -14.1% | |
| Q1 2016 | -15.5% | — | — | |
| Q4 2015 | -0.4% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +5.8% | — | — | |
| Q3 2014 | -5.3% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | +6.6% | — | — | |
| Q4 2013 | +14.2% | — | — | |
| Q3 2013 | +14.3% | — | — | |
| Q2 2013 | -7.9% | — | — | |
| Q1 2013 | +8.0% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | +6.5% | — | — | |
| Q2 2012 | +10.3% | — | — | |
| Q1 2012 | +1.2% | — | — | |
| Q4 2011 | -4.1% | — | — | |
| Q3 2010 | +0.9% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q2 2011 | -6.6% | — | — | |
| Q2 2010 | -6.6% | — | — | |
| Q4 2009 | -6.6% | — | — | |
| Q4 2010 | -6.6% | — | — | |
| Q1 2010 | -3.3% | — | — |
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