Garmin (GRMN) Q1 Earnings and Revenues Miss Estimates

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 ...