Garmin forecasts 2025 results above estimates on strong outdoor wearables demand
Portfolio Pulse from
Garmin, a Swiss navigation device maker, has forecasted its 2025 full-year results to exceed Wall Street estimates, driven by strong demand in its outdoor and auto OEM segments.
February 19, 2025 | 1:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Garmin has forecasted its 2025 results to exceed Wall Street estimates due to strong demand in outdoor wearables and auto OEM segments.
Garmin's positive forecast for 2025, driven by strong demand in key segments, suggests potential growth in revenue and profitability, likely boosting investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100