GRMN Stock Recent News

Garmin (GRMN) announces FltPlan safety management system enhancements to ease pilots' tasks.

Wearable technology's growth has been instrumental in reshaping healthcare by revolutionizing medical devices, health data management and pharmacy practices. The wearable tech sphere has effectively transformed personal health and fitness management, thrusting smart wearable stocks into the spotlight.

Three of Garmin's five business segments recorded record sales in 2023. The company plans to boost its dividend and announced a new share buyback.

Garmin's (GRMN) fourth-quarter results benefit from strength in the Outdoor, Fitness, Auto and Marine segments.

The headline numbers for Garmin (GRMN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Garmin (GRMN) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.35 per share a year ago.

Navigation device maker Garmin , beat fourth-quarter earnings expectations and forecast full-year revenue above estimates on Wednesday, betting on strong growth in its auto and fitness businesses.

Garmin expects fiscal 2024 revenue of $5.75 billion, higher than analysts' estimates.

Evaluate the expected performance of Garmin (GRMN) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Garmin (GRMN) introduces GPSMAP 16x3 chartplotters to enable mariners to create routes and control speed, bolstering the company's marine offerings.