Garmin Ltd expected to post earnings of $1.67 a share - Earnings Preview
Garmin Ltd
GRMN, GRMN is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2025The Schaffhausen-based company is expected to report a 8.9% increase in revenue to $1.505 billion from $1.38 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Garmin Ltd is for earnings of $1.67 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 4 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 2.0% in the last three months.
Wall Street's median 12-month price target for Garmin Ltd is $192.28, below its last closing price of $198.96.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 2.06 | 2.03 | 2.41 | Beat | 18.9 |
Sep. 30 2024 | 1.44 | 1.44 | 1.99 | Beat | 38.2 |
Jun. 30 2024 | 1.42 | 1.44 | 1.58 | Beat | 9.7 |
Mar. 31 2024 | 1.00 | 1.01 | 1.42 | Beat | 40.2 |
Dec. 31 2023 | 1.41 | 1.40 | 1.72 | Beat | 23.3 |
Sep. 30 2023 | 1.29 | 1.29 | 1.41 | Beat | 9.4 |
Jun. 30 2023 | 1.40 | 1.41 | 1.45 | Beat | 2.5 |
Mar. 31 2023 | 1.06 | 1.06 | 1.02 | Missed | -4 |
This summary was machine generated April 28 at 12:49 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
