Garmin Reports Strong First Quarter 2016 Sales

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Garmin Ltd. (GRMN) Tops Q1 EPS by 7c; Guides In-Line

April 27, 2016 7:06 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q1 EPS of $0.49, $0.07 better than the analyst estimate of $0.42. Revenue for the quarter came in at $624 million versus the consensus estimate of $585.89 million.

GUIDANCE:

Garmin Ltd. sees FY2016 EPS of $2.25, versus the consensus of $2.26. Garmin... More