UPDATE 1-Gentex Q4 misses analysts' expectations

Newswire

(Follows alerts) Jan 31 (Reuters) - Gentex Corp posted a lower-than-expected quarterly profit on annual customer price cuts, but expects sales to grow 15 percent to 20 percent in the first quarter. The company posted a fourth-quarter profit of $40.5 million, or 28 cents a share, compared with $36.9 million, or 26 cents a share, a year ago. Sales at Gentex, which makes automatic-dimming rearview mirrors and smoke alarms, rose 17 percent to $260.3 million. Analysts were expecting earnings of ...

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