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Garmin (GRMN) Earnings Date, Estimates & Call Transcripts

$162.30
+0.37 (+0.23%)
(As of 10/25/2024 08:56 PM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 30
Before Market Opens
Confirmed
Actual EPS
(Jul. 31)
$1.58 Beat By $0.18
Consensus EPS
(Jul. 31)
$1.40
Skip Charts & View Estimated and Actual Earnings Data

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.

Garmin Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.94$0.99$0.97 
Q2 20242$1.30$1.55$1.43 
Q3 20242$1.42$1.50$1.46 
Q4 20242$1.56$1.58$1.57 
FY 20248$5.22$5.62$5.42 
Q1 20251$1.39$1.39$1.39 
Q2 20251$1.58$1.58$1.58 
Q3 20251$1.60$1.60$1.60 
Q4 20251$1.94$1.94$1.94 
FY 20254$6.51$6.51$6.51 
Q1 20261$1.55$1.55$1.55 
Q2 20261$1.67$1.67$1.67 
Q3 20261$1.64$1.64$1.64 

GRMN Earnings Date and Information

Garmin last released its quarterly earnings data on July 31st, 2024. The scientific and technical instruments company reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates 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 quarterly revenue was up 14.3% on a year-over-year basis. Garmin has generated $7.15 earnings per share over the last year ($7.15 diluted earnings per share) and currently has a price-to-earnings ratio of 22.7. Earnings for Garmin are expected to grow by 9.05% in the coming year, from $6.08 to $6.63 per share. Garmin has confirmed that its next quarterly earnings report will be published on Wednesday, October 30th, 2024. Garmin will be holding an earnings conference call on Wednesday, October 30th at 10:30 AM Eastern. Interested parties can register for or listen to the call..

Garmin Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/30/2024
(Confirmed)
-------  
7/31/2024Q2 2024$1.40$1.58+$0.18$1.60$1.42 billion$1.51 billion        
5/1/2024Q1 2024$1.00$1.42+$0.42$1.41$1.25 billion$1.38 billion        
2/21/2024Q4 2023$1.40$1.72+$0.32$0.62$1.41 billion$1.48 billion        
11/1/2023Q3 2023$1.29$1.41+$0.12$1.48$1.21 billion$1.28 billion        
8/2/2023Q2 2023$1.43$1.45+$0.02$1.40$1.26 billion$1.32 billion        
5/3/2023Q1 2023$1.00$1.02+$0.02$0.99$1.09 billion$1.15 billion        
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2/22/2023Q4 2022$1.14$1.35+$0.21$1.17$1.32 billion$1.31 billion        
10/26/2022Q3 2022$1.10$1.24+$0.14$1.39$1.18 billion$1.14 billion    
7/27/2022Q2 2022$1.42$1.44+$0.02$1.55$1.37 billion$1.24 billion        
4/27/2022Q1 2022$1.15$1.11($0.04)$1.13$1.14 billion$1.17 billion        
2/16/2022Q4 2021$1.41$1.55+$0.14$1.62$1.38 billion$1.39 billion        
10/27/2021Q3 2021$1.27$1.41+$0.14$1.48$1.16 billion$1.19 billion        
7/28/2021Q2 2021$1.23$1.68+$0.45$1.72$1.07 billion$1.33 billion        
4/28/2021Q1 2021$0.88$1.18+$0.30$1.22$930.06 million$1.07 billion      
2/16/2021Q4 2020$1.39$1.73+$0.34$1.73$1.17 billion$1.35 billion      
10/28/2020Q3 2020$1.01$1.58+$0.57$1.53$907.36 million$1.11 billion      
7/29/2020Q2 2020$0.38$0.91+$0.53$0.86$666.68 million$870.00 million      
4/29/2020Q1 2020$0.84$0.91+$0.07$0.98$817.65 million$856.11 million      
2/19/2020Q4 2019$1.00$1.29+$0.29$0.69$1.01 billion$1.10 billion      
10/30/2019Q3 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 confirmed that its next quarterly earnings data will be published on Wednesday, October 30th, 2024. Learn more on GRMN's earnings history.

What guidance has Garmin issued on next quarter's earnings?

Garmin issued an update on its FY 2024 earnings guidance on Wednesday, July, 31st. The company provided earnings per share 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 $5.23 billion.

How much profit does Garmin generate each year?

Garmin (NYSE:GRMN) has a recorded net income of $1.29 billion. GRMN has generated $7.15 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 22.70 and a forward price-to-earnings ratio of 26.69. The price/earnings-to-growth ratio is 2.81.

What is Garmin's EPS forecast for next year?

Garmin's earnings are expected to grow from $6.08 per share to $6.63 per share in the next year, which is a 9.05% increase.


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This page (NYSE:GRMN) was last updated on 10/28/2024 by MarketBeat.com Staff
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