Garmin (GRMN) Reports Q1 Earnings: What Key Metrics Have to Say
GRMNGarmin(GRMN) Zacks Investment Research·2024-05-01 22:35

For the quarter ended March 2024, Garmin (GRMN) reported revenue of 1.38billion,up20.41.38 billion, up 20.4% over the same period last year. EPS came in at 1.42, compared to 1.02intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.02 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of 1.24 billion, representing a surprise of +11.63%. The company delivered an EPS surprise of +42.00%, with the consensus EPS estimate being $1.00. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...