Garmin (GRMN) Q3 Earnings and Revenues Beat Estimates

Garmin (GRMN) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 36.30%. A quarter ago, it was expected that this maker of personal navigation devices would post earnings of $1.40 per share when it actually produced earnings of $1.58, delivering a surprise of 12.86%. Over the last four q ...