Garmin Ltd. (GRMN) Tops Q1 EPS by 29c

Garmin Ltd. (NASDAQ: GRMN) reported Q1 EPS of $1.18, $0.29 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $937.68 million.

2021 Guidance:

We are maintaining our 2021 guidance for revenue of approximately $4.6 billion and pro forma EPS of $5.15 (see discussion on Forward-looking Financial Measures).

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

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