UPDATE: JPMorgan Cuts Garmin (GRMN) to Underweight on Decelerating Growth in Fitness

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Garmin Ltd. (GRMN) Misses Q2 EPS by 10c

July 29, 2015 7:04 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q2 EPS of $0.72, $0.10 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $774 million versus the consensus estimate of $775.9 million.

Garmin Ltd. sees FY2015 EPS of $2.65, versus the consensus of $2.78. Garmin Ltd. sees FY2015 revenue of $2.9... More