Will Garmin (GRMN) Beat Estimates Again in Its Next Earnings Report?

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].