BUZZ-Gentherm slides after Q4 earnings miss estimate

Reuters
02-19
BUZZ-Gentherm slides after Q4 earnings miss estimate

** Shares of thermal management technology company Gentherm THRM.O fell 11.4% to $32 in premarket trading

** Co reports adj. earnings of 29 cents per share, missing estimate of 68 cents/shr - data compiled by LSEG

** Posts quarterly product revenue of $352.9 mln versus estimate of $360.3 mln

** Forecasts FY25 revenue between $1.4 bln and $1.5 bln vs. estimate of $1.54 bln

** THRM says outlook assumptions do not include any impact of potential changes to tariffs

** Three of six brokerages rate the stock "buy" and three "hold"; their median PT is $65

** Up to last close, THRM stock had fallen 9.4% YTD

(Reporting by Nikhil Sharma in Bengaluru)

((Nikhil.Sharma@thomsonreuters.com))

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