Garmin announces fourth quarter and fiscal year 2021 results

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JPMorgan Likes Garmin Ltd. (GRMN) Solid Beat and Revenue Guide

February 16, 2022 10:17 AM EST

JPMorgan analyst Paul Chung reiterated an Overweight rating on Garmin Ltd. (NYSE: GRMN).

The analyst comments "Garmin posted 4Q21 results above expectations hitting 19% top line on broad double digit growth across all segments. Strong top line, consistent FCF, and record cash cushion north... More

Garmin Ltd. (GRMN) Tops Q4 EPS by 18c

February 16, 2022 7:06 AM EST

Garmin Ltd. (NYSE: GRMN) reported Q4 EPS of $1.55, $0.18 better than the analyst estimate of $1.37. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.36 billion.

GUIDANCE:

Garmin Ltd. sees FY2022 EPS of ~$5.90, versus the consensus of $6.23. Garmin... More