Garmin Reports Third Quarter Revenue and EPS Growth; Raises Guidance

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Go back to Garmin Reports Third Quarter Revenue and EPS Growth; Raises Guidance

Garmin Ltd. (GRMN) Tops Q3 EPS by 21c; Raises Outlook

October 26, 2016 7:13 AM EDT

Garmin Ltd. (NASDAQ: GRMN) reported Q3 EPS of $0.75, $0.21 better than the analyst estimate of $0.54. Revenue for the quarter came in at $722 million versus the consensus estimate of $680.33 million.

GUIDANCE:

Garmin Ltd. sees FY2016 EPS of $2.65, versus the consensus of $2.52. Garmin... More