Workflow
Garmin's Strong Auto, Outdoor Growth Drives Analyst Rating, Despite Softer Fitness, Marine Sales
GRMNGarmin(GRMN) Benzinga·2025-05-01 17:03

KeyBanc Capital Markets analyst Noah Zatzkin reiterated a Sector Weight rating on Garmin Ltd GRMN on Wednesday.Garmin reported on Wednesday first-quarter 2025 revenue growth of 11% to 1.54billion,beatingthe analystconsensusestimateof1.54 billion, beating the analyst consensus estimate of 1.50 billion. The GPS navigation and wearable technology company’s adjusted EPS of 1.61missedthe consensusestimate of1.61 missed the consensus estimate of 1.67. Also Read: Garmin Q4 Earnings: Wearables and Adventure Watches Drive Growth, 20% Dividend Hike, Stock SoarsGarmin now expects fiscal 2025 rev ...