GRMN Stock Recent News
GRMN LATEST HEADLINES
OLATHE, Kan. , May 7, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its award-winning Autoland system has been certified for the newest SR Series model, the SR Series G7+.
I track 50 high-quality dividend growth stocks to identify opportune investments, updating valuation ratings daily to focus on attractive opportunities. Despite a market sell-off, my investable universe outperformed SPY and SCHD year-to-date, with a loss of -1.83% compared to -5.49% and -4.64%. This month, 17 stocks had valuation rating changes; 10 were upgrades, including Jack Henry & Associates, West Pharma, and EOG Resources, all with strong expected returns.
KeyBanc Capital Markets analyst Noah Zatzkin reiterated a Sector Weight rating on Garmin Ltd GRMN on Wednesday.
GRMN's Outdoor segment sales increased 20% in Q1, fueled by targeted product launches and strong demand for adventure wearables.
Garmin (GRMN -9.84%) this morning reported record first-quarter revenue that jumped 11% year over year. Bottom-line profits grew even faster at 13%.
Garmin Ltd. (NYSE:GRMN ) Q1 2025 Earnings Conference Call April 30, 2025 10:30 AM ET Company Participants Teri Seck - Director, IR Cliff Pemble - President & CEO Doug Boessen - CFO & Treasurer Conference Call Participants Joseph Cardoso - J.P.
GRMN's first-quarter 2025 results reflect solid momentum across the Outdoor, Fitness, Aviation, and Marine segments, partially offset by the Auto OEM segment.
Although the revenue and EPS for Garmin (GRMN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Garmin posted its slowest revenue growth in seven quarters and missed profit estimates on sluggish demand for its navigation devices and smartwatches, sending shares of the company down more than 11.5% on Wednesday.
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.