Group 1 - The article discusses Garmin Ltd.'s Q4 2024 earnings results, indicating a significant moment to evaluate the company's performance in the wearable technology sector [1] - The author emphasizes the importance of exploring new investment ideas, particularly in the context of Garmin's recent financial disclosures [1] Group 2 - There is no additional relevant content regarding the company or industry in the provided documents [2]

Garmin Ltd. (GRMN) reported fourth-quarter 2024 pro forma earnings of $2.41 per share, beating the Zacks Consensus Estimate by 24.2%. The bottom line improved 40.1% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net sales were $1.82 billion, which surpassed the Zacks Consensus Estimate of $1.68 billion with a surprise of 8.3%. The figure increased 22.9% from the year-ago quarter.GRMN’s year-over-year growth in the top line was attributed to the solid momentu ...

Garmin (GRMN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, GRMN broke through the 20-day moving average, which suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.The 20-d ...

Key TakeawaysThe S&P 500 gained 0.2% on Wednesday, Feb. 19, to hit an all-time high for the second straight session as investors focused on Fed meeting minutes and shook off tariff proposals.Garmin shares surged after the GPS device maker reported better-than-expected results on strong sales in its fitness, auto and outdoor segments. Specialty chemical maker Celanese plummeted after reporting operating losses that the company forecasted were likely to continue into coming quarters. Major U.S. equities index ...

Garmin Ltd. (NYSE:GRMN) Q4 2024 Earnings Conference Call February 19, 2025 10:30 AM ET Company Participants Teri Seck - Manager, IR Cliff Pemble - President, CEO & Director Doug Boessen - CFO & Treasurer Conference Call Participants Joseph Cardoso - J.P. Morgan Ben Bollin - Cleveland Research Erik Woodring - Morgan Stanley George Wang - Barclays David MacGregor - Longbow Research Ivan Feinseth - Tigress Financial Partners Noah Zatzkin - KeyBanc Capital Markets Operator Hello, and thank you for standing by. ...

GPS device maker Garmin (GRMN 13.92%) has been a real winner for investors. After another stellar earnings report today, the stock has nearly doubled in the last 12 months. The fourth-quarter results along with management's 2025 guidance have shares soaring again today.Garmin stock was trading up by 12.6% as of 11:30 a.m. ET, near the morning's highs.Garmin blasts past guidanceIt was a strong fourth quarter by every measure, and it closed out a year with results overachieving even the company's internal gui ...

Q4 2024 Earnings February 19, 2025 Safe Harbor Statement These materials include projections and other forward-looking statements regarding Garmin Ltd. and its business that are commonly identified by words such as "anticipates," "would," "may," "expects," "estimates," "plans," "intends," "projects," and other words or phrases with similar meanings. Any statements regarding the Company's expected fiscal 2025 GAAP and pro forma estimated earnings, EPS, and effective tax rate, and the Company's expected segme ...

For the quarter ended December 2024, Garmin (GRMN) reported revenue of $1.82 billion, up 22.9% over the same period last year. EPS came in at $2.41, compared to $1.72 in the year-ago quarter.The reported revenue represents a surprise of +8.39% over the Zacks Consensus Estimate of $1.68 billion. With the consensus EPS estimate being $1.94, the EPS surprise was +24.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Garmin delivered a strong fourth-quarter performance with significant revenue and profit growth, surpassing market expectations.Garmin (GRMN 11.04%), known for its leadership in GPS technology across varied segments like fitness, outdoor, aviation, marine, and automotive, released its fourth-quarter 2024 earnings on Feb. 19. The results certainly turned heads, with Garmin posting revenue of $1.82 billion compared to the expected $1.70 billion. This signifies a notable 23% increase year-on-year. The Pro Form ...

Garmin (GRMN) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.23%. A quarter ago, it was expected that this maker of personal navigation devices would post earnings of $1.46 per share when it actually produced earnings of $1.99, delivering a surprise of 36.30%.Over the last four qu ...