Garmin Q2 2024 Adj EPS $1.58 Beats $1.40 Estimate, Sales $1.51B Beat $1.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Garmin (NYSE:GRMN) reported Q2 2024 adjusted EPS of $1.58, beating the estimate of $1.40. Sales were $1.51 billion, surpassing the $1.41 billion estimate and showing a 14.33% increase from the same period last year.
July 31, 2024 | 11:02 am
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Garmin reported Q2 2024 adjusted EPS of $1.58, beating the estimate of $1.40 by 12.86%. Sales were $1.51 billion, surpassing the $1.41 billion estimate and showing a 14.33% increase from the same period last year.
Garmin's strong Q2 2024 earnings and revenue performance, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100