Garmin (GRMN) Q1 2025 Earnings Call April 30, 2025 10:30 AM ET Company Participants Teri Seck - Director of IRClifton Pemble - President & CEODouglas Boessen - CFO & TreasurerJoseph Cardoso - Vice President, Equity ResearchErik Woodring - Managing Director - Equity ResearchGeorge Wang - Vice PresidentIvan Feinseth - Chief Investment Officer Conference Call Participants Joseph Nolan - Associate AnalystBen Bollin - Analyst & PartnerRon Epstein - AnalystNoah Zatzkin - Vice President & Equity Research Analyst O ...

Garmin (GRMN) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.42%. A quarter ago, it was expected that this maker of personal navigation devices would post earnings of $1.94 per share when it actually produced earnings of $2.41, delivering a surprise of 24.23%.Over the last four qu ...

Garmin announces first quarter 2025 results Company reports record first quarter operating results and maintains full year EPS guidance Schaffhausen, Switzerland / April 30, 2025 / PR Newswire – Garmin® Ltd. (NYSE: GRMN), today announced results for the first quarter ended March 29, 2025. Highlights for first quarter 2025 include: Outdoor: Revenue from the outdoor segment increased 20% in the first quarter primarily due to growth in adventure watches. Gross and operating margins were 64% and 29%, respective ...

Garmin (GRMN) is scheduled to report first-quarter 2025 results on April 30, before market open.The Zacks Consensus Estimate for Garmin’s first-quarter 2025 earnings is pegged at $1.57 per share, implying a year-over-year increase of 13.4%.Garmin’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 28.51%.The Zacks Consensus Estimate for Garmin’s first-quarter 2025 revenues is pegged at $1.57 billion, suggesting year-over-year growth of 13.37%. ...

Core Viewpoint - Garmin has launched the Instinct® 3 – Tactical Edition, a new tactical smartwatch series featuring advanced durability, battery life, and tactical functionalities designed for various missions [1][3]. Product Features - The Instinct 3 – Tactical Edition includes a metal-reinforced bezel for enhanced durability, a rucking activity profile for training, and built-in LED flashlights for low-light conditions [2][3]. - The AMOLED model offers up to 24 days of battery life in smartwatch mode, while solar-powered models can achieve unlimited battery life [1][10]. - The watch is built to MIL-STD 810 standards for thermal and shock resistance and is water-rated up to 100 meters [3]. Navigation and Tactical Capabilities - Equipped with a 3-axis compass, barometric altimeter, and multi-band GPS with SatIQ™ technology, the watch provides superior positioning while optimizing battery life [5]. - Features like Stealth Mode allow users to turn off wireless communications while still tracking distances and biometric data without revealing location [6]. - The watch includes dedicated tactical features such as a Kill Switch, Jumpmaster, and ballistic solutions compatible with the Applied Ballistics Quantum app [6][7]. Health and Fitness Tracking - The Instinct 3 – Tactical Edition offers 24/7 health monitoring, including steps, heart rate, advanced sleep tracking, and Pulse Ox [5]. - Users can access various sports apps for activities like rucking, hiking, running, and more, with TracBack® routing to help navigate back to starting points [8][9]. Pricing and Availability - The Instinct 3 – Tactical Edition AMOLED model is priced at $599.99, while solar charging models start at $499.99, available for order on April 30 [10].

Core Viewpoint - Garmin (GRMN) is highlighted as a strong candidate for investors due to its consistent performance in beating earnings estimates, particularly in the upcoming quarterly report [1]. Earnings Performance - Garmin has a solid track record of exceeding earnings expectations, with an average surprise of 30.26% over the last two quarters [2]. - In the most recent quarter, Garmin reported earnings of $2.41 per share, surpassing the expected $1.94 per share by 24.23%. In the previous quarter, it reported $1.99 per share against an estimate of $1.46 per share, resulting in a surprise of 36.30% [3]. Earnings Estimates and Predictions - Recent estimates for Garmin have been increasing, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [6]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7]. - Garmin's current Earnings ESP stands at +2.88%, suggesting that analysts are optimistic about the company's earnings prospects [9]. Earnings Release Information - The next earnings report for Garmin is anticipated to be released on April 30, 2025 [9].

Crime & SafetyWatch: Woman Clings In 'Death Grip' To Cliffside Below Pacific Crest Trail In RivCoVideo shows the woman, who clung to the mountain for about an hour, awaiting helicopter rescue from the precarious spot in Riverside County.The Rescue 9 helicopter crew managed a complex rescue of a hiker trapped just below the mountain ridge at the Whitewater Trail portion of the Pacific Crest Trail. (Photo Credit: Riverside County Sheriff's Department Rescue 9)INLAND EMPIRE, CA — The Riverside County Sheriff's ...

Garmin (GRMN) shares rallied 11% in the last trading session to close at $192.71. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 18.6% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This maker of personal ...

Core Points - Garmin has launched the Varia™ Vue headlight camera, designed to enhance safety and visibility for cyclists with a 4K camera and a 600-lumen headlight [1][2][3] - The device automatically saves video footage if an incident is detected, providing cyclists with peace of mind during their rides [3][4] - Varia Vue features a smart headlight that adjusts light intensity based on speed and surroundings, and it includes a cutoff beam to protect oncoming traffic's vision [4][9] Product Features - The Varia Vue camera records sharp 4K video with Electronic Image Stabilization and can upload footage to Garmin Vault for secure storage [3][9] - It offers up to 7 hours of battery life in day flash mode with recording and up to 9 hours when the headlight is off, and can be used while charging [9] - The device is priced at $549.99 and is currently available for purchase [6] Market Positioning - Garmin aims to provide cyclists with innovative tools that enhance their riding experience and safety, reinforcing its commitment to developing technology for active lifestyles [7]

Core Insights - Garmin has launched the Garmin Marathon Series, a fully owned and produced event that aims to create unique experiences for runners [1][3][4] - The series will debut in Toledo, Ohio, on September 21, 2025, and Tucson, Arizona, on November 15, 2025, featuring multiple race distances [5] Company Overview - Garmin is a global leader in fitness technology and has a long history of supporting runners through their training [4][7] - The company aims to innovate and enhance the running experience by directly engaging with the running community through this event [4][7] Event Details - The Garmin Marathon Series will include a USATF-certified full marathon, half marathon, 10K, and 5K in both locations, along with a two-day expo showcasing Garmin products [5] - The events will feature a finish line festival with local food, live entertainment, and activities for participants and the public [5] Community Engagement - Garmin's initiative is designed to foster community engagement and celebrate the journey of runners, appealing to both seasoned athletes and newcomers [3][4] - The company plans to expand the series to more locations in 2026, indicating a commitment to growing its presence in the running community [4]