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Garmin Ltd. (GRMN) Misses Q1 EPS by 2c; reaffirms guidance

May 3, 2023 7:13 AM

Garmin Ltd. (NYSE: GRMN) reported Q1 EPS of $1.02, $0.02 worse than the analyst estimate of $1.04. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.07 billion.

GUIDANCE:

Garmin Ltd. sees FY2023 EPS of $5.15, versus the consensus of $5.23. Garmin Ltd. sees FY2023 revenue of $5 billion, versus the consensus of $5.01 billion.

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

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Earnings Guidance