Citi Upgrades Garmin Ltd. (GRMN) to Neutral

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Garmin Ltd. (GRMN) Misses Q3 EPS by 4c, Offers FY15 Guidance

October 28, 2015 7:04 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q3 EPS of $0.51, $0.04 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $680 million versus the consensus estimate of $687.58 million.

Garmin Ltd. sees FY2015 EPS of $2.25, versus the consensus of $2.37. Garmin Ltd. sees FY2015 revenue of... More