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Garmin (GRMN) Earnings Date, Estimates & Call Transcripts

$164.19
+2.67 (+1.65%)
(As of 05:30 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 7Estimated
Actual EPS
(May. 1)
$1.42 Beat By $0.42
Consensus EPS
(May. 1)
$1.00
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GRMN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GRMN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Garmin Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.94$0.99$0.97 
Q2 20242$1.30$1.55$1.43 
Q3 20242$1.30$1.50$1.40 
Q4 20242$1.38$1.56$1.47 
FY 20248$4.92$5.60$5.26 
Q1 20251$1.40$1.40$1.40 
Q2 20251$1.54$1.54$1.54 
Q3 20251$1.77$1.77$1.77 
Q4 20251$2.00$2.00$2.00 
FY 20254$6.71$6.71$6.71 
Q1 20261$2.02$2.02$2.02 

GRMN Earnings Date and Information

Garmin last released its quarterly earnings results on May 1st, 2024. The scientific and technical instruments company reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.42. The company earned $1.38 billion during the quarter, compared to analysts' expectations of $1.25 billion. Its revenue for the quarter was up 20.4% compared to the same quarter last year. Garmin has generated $7.09 earnings per share over the last year ($7.09 diluted earnings per share) and currently has a price-to-earnings ratio of 23.2. Earnings for Garmin are expected to grow by 13.34% in the coming year, from $5.77 to $6.54 per share. Garmin has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off prior year's report dates.

Garmin Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/7/2024
(Estimated)
------- 
5/1/2024Q1 2024$1.00$1.42+$0.42$1.41$1.25 billion$1.38 billion    
2/21/2024Q4 2023$1.40$1.72+$0.32$0.62$1.41 billion$1.48 billion    
11/1/2023Q3 2023$1.29$1.41+$0.12$1.48$1.21 billion$1.28 billion    
8/2/2023Q2 2023$1.43$1.45+$0.02$1.40$1.26 billion$1.32 billion    
5/3/2023Q1 2023$1.00$1.02+$0.02$0.99$1.09 billion$1.15 billion    
2/22/2023Q4 2022$1.14$1.35+$0.21$1.17$1.32 billion$1.31 billion    
10/26/2022Q3 2022$1.10$1.24+$0.14$1.39$1.18 billion$1.14 billion
7/27/2022Q2 2022$1.42$1.44+$0.02$1.55$1.37 billion$1.24 billion    
4/27/2022Q1 2022$1.15$1.11($0.04)$1.13$1.14 billion$1.17 billion    
2/16/2022Q4 2021$1.41$1.55+$0.14$1.62$1.38 billion$1.39 billion    
10/27/2021Q3 2021$1.27$1.41+$0.14$1.48$1.16 billion$1.19 billion    
7/28/2021Q2 2021$1.23$1.68+$0.45$1.72$1.07 billion$1.33 billion    
4/28/2021Q1 2021$0.88$1.18+$0.30$1.22$930.06 million$1.07 billion  
2/16/2021Q4 2020$1.39$1.73+$0.34$1.73$1.17 billion$1.35 billion  
10/28/2020Q3 2020$1.01$1.58+$0.57$1.53$907.36 million$1.11 billion  
7/29/2020Q2 2020$0.38$0.91+$0.53$0.86$666.68 million$870.00 million  
4/29/2020Q1 2020$0.84$0.91+$0.07$0.98$817.65 million$856.11 million  
2/19/2020Q4 2019$1.00$1.29+$0.29$0.69$1.01 billion$1.10 billion  
10/30/2019Q3 2019$0.95$1.27+$0.32$1.35$869.02 million$934.38 million  
7/31/2019Q2 2019$1.00$1.16+$0.16$1.15$930.98 million$955.00 million

Garmin Earnings - Frequently Asked Questions

When is Garmin's earnings date?

Garmin has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off last year's report dates. Learn more on GRMN's earnings history.

Did Garmin beat their earnings estimates last quarter?

In the previous quarter, Garmin (NYSE:GRMN) reported $1.42 earnings per share (EPS) to beat the analysts' consensus estimate of $1.00 by $0.42. Learn more on analysts' earnings estimate vs. GRMN's actual earnings.

How can I listen to Garmin's earnings conference call?

The conference call for Garmin's latest earnings report can be listened to online. Listen to Conference Call

How can I read Garmin's conference call transcript?

The conference call transcript for Garmin's latest earnings report can be read online. Read Transcript

How much revenue does Garmin generate each year?

Garmin (NYSE:GRMN) has a recorded annual revenue of $5.23 billion.

How much profit does Garmin generate each year?

Garmin (NYSE:GRMN) has a recorded net income of $1.29 billion. GRMN has generated $7.09 earnings per share over the last four quarters.

What is Garmin's price-to-earnings ratio?

Garmin (NYSE:GRMN) has a trailing price-to-earnings ratio of 23.16 and a forward price-to-earnings ratio of 28.46. The price/earnings-to-growth ratio is 3.5.

What is Garmin's EPS forecast for next year?

Garmin's earnings are expected to grow from $5.77 per share to $6.54 per share in the next year, which is a 13.34% increase.


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This page (NYSE:GRMN) was last updated on 6/12/2024 by MarketBeat.com Staff

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