Core Viewpoint - Garmin is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with the actual results having a significant impact on its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on July 30, with a consensus EPS estimate of $1.96, reflecting a +24.1% change year-over-year. Revenues are projected to be $1.74 billion, up 15.4% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.65% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - Garmin's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.02%, suggesting a bearish outlook from analysts [12]. The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Garmin was expected to post earnings of $1.65 per share but delivered $1.61, resulting in a surprise of -2.42%. Over the last four quarters, the company has beaten consensus EPS estimates three times [13][14]. Conclusion - Garmin does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].
Garmin (GRMN) Reports Next Week: Wall Street Expects Earnings Growth