Garmin (GRMN) closed at $182.76 in the latest trading session, marking a +0.01% move from the prior day.
Garmin rides on solid momentum across various end-markets on the back of its portfolio strength.
Garmin (GRMN) reported earnings 30 days ago. What's next for the stock?
Increasing consumer interest in health and fitness has driven demand for Garmin's smart watches and fitness trackers. Garmin's fitness product sales are leading the company's strong revenue growth.
Garmin's second-quarter earnings beat expectations, and the stock continues to climb. The company is benefiting from strong demand for its high-tech automotive solutions.
Explore how Garmin's (GRMN) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Garmin Ltd. (NYSE:GRMN ) Q2 2024 Earnings Conference Call July 31, 2024 10:30 AM ET Company Participants Teri Seck - Manager, IR Clifton Pemble - President, CEO & Director Douglas Boessen - CFO & Treasurer Conference Call Participants Joseph Cardoso - JPMorgan George Wang - Barclays David MacGregor - Longbow Research Jordan Lyonnais - Bank of America Benjamin Bollin - Cleveland Research Ivan Feinseth - Tigress Financial Partners Noah Zatzkin - KeyBanc Capital Markets Erik Woodring - Morgan Stanley Operator Thank you for standing by.
Garmin's (GRMN) second-quarter results benefit from solid momentum in the Fitness, Marine and Auto OEM segments.
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Although the revenue and EPS for Garmin (GRMN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Garmin (GRMN) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.45 per share a year ago.
Garmin beat second-quarter revenue estimates and raised full-year forecast on Wednesday, helped by strong demand for the navigation device makers' product launches and upgrades in the fitness and auto segment.