Garmin Ltd. Announces Preliminary Third Quarter 2015 Results
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Needham & Company Reiterates Hold on Garmin Ltd. (GRMN) Following Preliminary 3Q Results
October 15, 2015 2:50 PM EDTNeedham & Company reiterated a Hold rating on Garmin Ltd. (NASDAQ: GRMN) following the company's preliminary 3Q15 results. The company expects 3Q15 results of $680MM and $0.51 NG EPS, vs. prior consensus of $705MM and $0.64.
Analyst Richard Valera commented, "On Wednesday night, Garmin pre-announced preliminary... More
Dougherty & Co Downgrades Garmin Ltd. (GRMN) to Neutral
October 15, 2015 9:13 AM EDTDougherty & Co downgraded Garmin Ltd. (NASDAQ: GRMN) from Buy to Neutral.
For an analyst ratings summary and ratings history on Garmin Ltd. click here. For more ratings news on Garmin Ltd. click here.
Shares of Garmin Ltd. closed at $36.96 yesterday.
... MoreGarmin's (GRMN) Preliminary Q3 Results and FY Guidance Miss Estimates
October 15, 2015 7:20 AM EDTGarmin Ltd. (Nasdaq: GRMN) today announced selected preliminary financial information for its fiscal third quarter which ended September 26, 2015 and updated full year 2015 guidance.
The preliminary results of operations for the third quarter of fiscal 2015 and revised 2015 guidance represent the most current information available to management. The Companys actual results and guidance may differ materially from these preliminary results due to the completion of the companys financial closing procedures, final adjustments and other developments that may arise between the date of this press release and the time that financial results for the third... More
