Garmin Ltd. (GRMN) Tops Q2 EPS by 7c; Raises Outlook

Garmin Ltd. (NASDAQ: GRMN) reported Q2 EPS of $0.88, $0.07 better than the analyst estimate of $0.81. Revenue for the quarter came in at $817 million versus the consensus estimate of $807.72 million.

GUIDANCE:

Garmin Ltd. sees FY2017 EPS of $2.80, versus prior of $2.65 and the consensus of $2.68. Garmin Ltd. sees FY2017 revenue of $3.08 billion, versus prior of $3.02 billion the consensus of $3.01 billion.

For earnings history and earnings-related data on Garmin Ltd. (GRMN) click here.

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