Garmin Ltd (GRMN) Tops Q2 EPS by 26c; Boosts FY14 Outlook

Garmin Ltd (NASDAQ: GRMN) reported Q2 EPS of $1.02, $0.26 better than the analyst estimate of $0.76. Revenue for the quarter came in at $778 million versus the consensus estimate of $709.25 million.

Garmin Ltd sees FY2014 EPS of $2.95-$3.05, versus prior guidance of $2.5-$2.6 and the consensus of $2.77. Garmin Ltd sees FY2014 revenue of $2.75-2.85 billion, versus prior guidance of $2.6-2.7 billion and the consensus of $2.71 billion.

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

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