Garmin (GRMN) Earnings Date, Estimates & Call Transcripts

$180.09

-0.69 (-0.38%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 6Estimated
Actual EPS (Jul. 31): $1.58 Beat By $0.18
Consensus EPS (Jul. 31): $1.40

GRMN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GRMN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Garmin Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2024	2	$0.94	$0.99	$0.97
Q2 2024	2	$1.30	$1.55	$1.43
Q3 2024	2	$1.42	$1.50	$1.46
Q4 2024	2	$1.56	$1.58	$1.57
FY 2024	8	$5.22	$5.62	$5.42
Q1 2025	1	$1.39	$1.39	$1.39
Q2 2025	1	$1.58	$1.58	$1.58
Q3 2025	1	$1.60	$1.60	$1.60
Q4 2025	1	$1.94	$1.94	$1.94
FY 2025	4	$6.51	$6.51	$6.51
Q1 2026	1	$1.57	$1.57	$1.57
Q2 2026	1	$1.69	$1.69	$1.69

GRMN Earnings Date and Information

Garmin last posted its earnings data on July 31st, 2024. The scientific and technical instruments company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.40 by $0.18. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.42 billion. Its revenue was up 14.3% on a year-over-year basis. Garmin has generated $7.09 earnings per share over the last year ($7.09 diluted earnings per share) and currently has a price-to-earnings ratio of 25.4. Earnings for Garmin are expected to grow by 9.42% in the coming year, from $6.05 to $6.62 per share. Garmin has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 6th, 2024 based off prior year's report dates.

Garmin Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/6/2024 (Estimated)	-	-	-	-	-	-	-
7/31/2024	Q2 2024	$1.40	$1.58	+$0.18	$1.60	$1.42 billion	$1.51 billion
5/1/2024	Q1 2024	$1.00	$1.42	+$0.42	$1.41	$1.25 billion	$1.38 billion
2/21/2024	Q4 2023	$1.40	$1.72	+$0.32	$0.62	$1.41 billion	$1.48 billion
11/1/2023	Q3 2023	$1.29	$1.41	+$0.12	$1.48	$1.21 billion	$1.28 billion
8/2/2023	Q2 2023	$1.43	$1.45	+$0.02	$1.40	$1.26 billion	$1.32 billion
5/3/2023	Q1 2023	$1.00	$1.02	+$0.02	$0.99	$1.09 billion	$1.15 billion
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2/22/2023	Q4 2022	$1.14	$1.35	+$0.21	$1.17	$1.32 billion	$1.31 billion
10/26/2022	Q3 2022	$1.10	$1.24	+$0.14	$1.39	$1.18 billion	$1.14 billion
7/27/2022	Q2 2022	$1.42	$1.44	+$0.02	$1.55	$1.37 billion	$1.24 billion
4/27/2022	Q1 2022	$1.15	$1.11	($0.04)	$1.13	$1.14 billion	$1.17 billion
2/16/2022	Q4 2021	$1.41	$1.55	+$0.14	$1.62	$1.38 billion	$1.39 billion
10/27/2021	Q3 2021	$1.27	$1.41	+$0.14	$1.48	$1.16 billion	$1.19 billion
7/28/2021	Q2 2021	$1.23	$1.68	+$0.45	$1.72	$1.07 billion	$1.33 billion
4/28/2021	Q1 2021	$0.88	$1.18	+$0.30	$1.22	$930.06 million	$1.07 billion
2/16/2021	Q4 2020	$1.39	$1.73	+$0.34	$1.73	$1.17 billion	$1.35 billion
10/28/2020	Q3 2020	$1.01	$1.58	+$0.57	$1.53	$907.36 million	$1.11 billion
7/29/2020	Q2 2020	$0.38	$0.91	+$0.53	$0.86	$666.68 million	$870.00 million
4/29/2020	Q1 2020	$0.84	$0.91	+$0.07	$0.98	$817.65 million	$856.11 million
2/19/2020	Q4 2019	$1.00	$1.29	+$0.29	$0.69	$1.01 billion	$1.10 billion
10/30/2019	Q3 2019	$0.95	$1.27	+$0.32	$1.35	$869.02 million	$934.38 million

Garmin Earnings - Frequently Asked Questions

When is Garmin's earnings date?: Garmin has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 6th, 2024 based off last year's report dates. Learn more on GRMN's earnings history.
What guidance has Garmin issued on next quarter's earnings?: Garmin updated its FY 2024 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of 6.000-6.000 for the period, compared to the consensus estimate of 5.750. The company issued revenue guidance of $6.0 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion.
Did Garmin beat their earnings estimates last quarter?: In the previous quarter, Garmin (NYSE:GRMN) reported $1.58 earnings per share (EPS) to beat the analysts' consensus estimate of $1.40 by $0.18. Learn more on analysts' earnings estimate vs. GRMN's actual earnings.
How can I listen to Garmin's earnings conference call?: The conference call for Garmin's latest earnings report can be listened to online. Listen to Conference Call
How can I read Garmin's conference call transcript?: The conference call transcript for Garmin's latest earnings report can be read online. Read Transcript
How much revenue does Garmin generate each year?: Garmin (NYSE:GRMN) has a recorded annual revenue of $5.65 billion.
How much profit does Garmin generate each year?: Garmin (NYSE:GRMN) has a recorded net income of $1.29 billion. GRMN has generated $7.09 earnings per share over the last four quarters.
What is Garmin's price-to-earnings ratio?: Garmin (NYSE:GRMN) has a trailing price-to-earnings ratio of 25.40 and a forward price-to-earnings ratio of 29.77. The price/earnings-to-growth ratio is 3.17.
What is Garmin's EPS forecast for next year?: Garmin's earnings are expected to grow from $6.05 per share to $6.62 per share in the next year, which is a 9.42% increase.