Garmin(US:GRMN) ZACKSยท2025-10-24 14:16Core Viewpoint - Garmin (GRMN) is expected to report quarterly earnings of $1.98 per share, reflecting a slight decline of 0.5% year-over-year, while revenues are forecasted to increase by 12.8% to $1.79 billion [1] Earnings Estimates - There have been no revisions in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [1][2] Key Metrics Projections - Analysts project 'Net Sales- Marine' to be $239.52 million, a year-over-year increase of 7.8% [4] - 'Net Sales- Aviation' is estimated at $219.19 million, reflecting a 7.1% increase from the previous year [4] - 'Net Sales- Fitness' is expected to reach $593.93 million, showing a significant growth of 28% year-over-year [4] - 'Net Sales- Outdoor' is forecasted at $565.76 million, indicating a 7.5% increase [5] - 'Net Sales- Auto OEM' is estimated at $171.22 million, a modest increase of 1.5% [5] Operating Income Projections - 'Operating income (loss)- Outdoor' is projected to be $202.47 million, down from $208.87 million in the previous year [5] - 'Operating income (loss)- Fitness' is expected to reach $165.69 million, up from $147.77 million year-over-year [6] - 'Operating income (loss)- Marine' is forecasted at $46.17 million, an increase from $37.84 million in the prior year [6] Gross Profit Estimates - 'Gross profit- Fitness' is projected to be $352.82 million, compared to $283.33 million in the same quarter last year [7] - 'Gross profit- Marine' is estimated at $132.91 million, up from $122.43 million year-over-year [7] - 'Gross profit- Aviation' is expected to reach $164.32 million, an increase from $154.14 million in the previous year [7] - 'Gross profit- Outdoor' is projected at $366.21 million, compared to $358.69 million last year [8] Stock Performance - Garmin shares have increased by 5.7% over the past month, outperforming the S&P 500 composite, which rose by 1.3% [8]