Garmin Reports Second Quarter Revenue and EPS Growth; Raises Guidance

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JPMorgan Upgrades Garmin Ltd. (GRMN) to Neutral

July 28, 2016 6:53 AM EDT

JPMorgan upgraded Garmin Ltd. (NASDAQ: GRMN) from Underweight to Neutral with a price target of $47.00 (from $38.00).

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 $51.79 yesterday.

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Garmin Ltd. (GRMN) Tops Q2 EPS by 20c; Boosts FY16 EPS Outlook

July 27, 2016 7:04 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q2 EPS of $0.87, $0.20 better than the analyst estimate of $0.67. Revenue for the quarter came in at $812 million versus the consensus estimate of $762.98 million.

GUIDANCE:

Garmin Ltd. sees FY2016 EPS of $2.50, versus prior guidance of $2.25 and... More