Garmin (GRMN 7.97%), known for its leadership in GPS technology across varied segments like fitness, outdoor, aviation, marine, and automotive, released its fourth-quarter 2024 earnings on Feb. 19.
Garmin (GRMN) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.72 per share a year ago.
Swiss navigation device maker Garmin forecast full-year results above Wall Street estimates on Wednesday, banking on continued momentum in its outdoor and auto OEM segments.
The Investment Committee give you The Setup on some key earnings reporting this week.
GRMN's fourth-quarter 2024 results are likely to benefit from growth in its fitness, marine, aviation, auto OEM and outdoor end markets.
Get a deeper insight into the potential performance of Garmin (GRMN) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In the latest trading session, Garmin (GRMN) closed at $215.73, marking a -0.89% move from the previous day.
Garmin (GRMN) reachead $214.91 at the closing of the latest trading day, reflecting a +0.32% change compared to its last close.
Although near-term challenges persist, Garmin's ongoing commitment to innovation with the new Approach S44 and S50 smartwatches makes it a compelling hold.
Garmin (GRMN) reachead $215.70 at the closing of the latest trading day, reflecting a +0.53% change compared to its last close.
The availability of the ECG App to buyers in Australia and the European Union is set to further expand Garmin's presence in the Australian and EU markets.
Electronics stocks like Garmin (GRMN), Greenland Technologies (GTEC) and Kopin (KOPN) are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.