Garmin (GRMN) Q2 Earnings and Revenues Surpass Estimates

Financial Performance - Garmin reported quarterly earnings of $2.17 per share, exceeding the Zacks Consensus Estimate of $1.96 per share, and up from $1.58 per share a year ago, representing an earnings surprise of +10.71% [1] - The company posted revenues of $1.81 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.41%, compared to $1.51 billion in the same quarter last year [2] - Over the last four quarters, Garmin has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Garmin shares have increased approximately 16% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for it to outperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.93 on revenues of $1.67 billion, and for the current fiscal year, it is $7.97 on revenues of $6.85 billion [7] - The outlook for the industry, specifically the Electronics - Miscellaneous Products sector, is favorable, ranking in the top 33% of over 250 Zacks industries, which historically outperforms the bottom 50% by more than 2 to 1 [8]