Garmin Ltd. expected to post earnings of $2.40 a share - Earnings Preview
Garmin Ltd. , is expected to show a rise in quarterly revenue when it reports results on October 28 for the period ending September 30 2026
The Schaffhausen-based company is expected to report a 12.3% increase in revenue to $1.989 billion from $1.77 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for Garmin Ltd. is for earnings of $2.40 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Garmin Ltd. is $293.00, about 0.3% below its last closing price of $293.74
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2026 | 2.27 | 2.24 | 2.81 | Beat | 25.2 |
Mar. 31 2026 | 1.81 | 1.82 | 2.08 | Beat | 14.3 |
Dec. 31 2025 | 2.40 | 2.40 | 2.79 | Beat | 16.5 |
Sep. 30 2025 | 1.97 | 1.96 | 1.99 | Beat | 1.4 |
Jun. 30 2025 | 1.90 | 1.89 | 2.17 | Beat | 14.5 |
Mar. 31 2025 | 1.68 | 1.67 | 1.61 | Missed | -3.3 |
Dec. 31 2024 | 2.06 | 2.03 | 2.41 | Beat | 18.9 |
Sep. 30 2024 | 1.44 | 1.44 | 1.99 | Beat | 38.2 |
This summary was machine generated October 26 at 12:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)