Garmin (GRMN) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.42 per share a year ago.
GRMN's first-quarter 2025 results are likely to benefit from growth in its fitness, marine, aviation, auto OEM and outdoor end markets.
Beyond analysts' top -and-bottom-line estimates for Garmin (GRMN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Garmin Ltd. is set to report Q1 '25 earnings on April 30, with expected EPS of $1.68 (adjusted) and $1.64 (GAAP) on $1.51B in sales. Despite a strong Q4, a sequential sales decline of 17% is anticipated, though yearly growth is projected at 10%. Tariff impacts and reliance on Chinese and Taiwanese supply chains pose risks; management's guidance on these issues is crucial.
Garmin (GRMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Garmin (GRMN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
GRMN is well-positioned for sustained growth due to its continuous product innovation, which investors can see as a compelling entry point in 2025.
Electronics stocks like GRMN, MIELY and HAYW are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.
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Garmin (GRMN) closed the most recent trading day at $208.77, moving +1.04% from the previous trading session.
GRMN's Fitness, Outdoor and Marine products are going to be the key growth drivers for Garmin in the upcoming quarters.
Garmin (GRMN 2.13%) reported its fourth-quarter and full-year 2024 earnings on February 19, 2025, delivering exceptional results across all business segments. The navigation and wearables technology company posted record revenue and substantial margin expansion.