GRMN
Garmin Ltd. (GRMN)
Last Price$226.2(1.2%)
Market Cap$44.2B
Last Earnings date
Sep'24
Q3 2024
$2.27
14.4% beat
$1,822.6M
7.8% beat
Next quarter EPS Estimate
$1.90
10.5%YoY

GRMN Earnings and Expectations

Revenue

Crunching data... Almost there!

GRMN EPS (Earnings Per Share)

Crunching data... Almost there!

GRMN Historical Revenue & EPS and Expectations

1Y
3Y
5Y
10Y
Revenue
EPS
$0.0$500.0M$1,000.0M$1,500.0M$2,000.0MApr'20Jul'20Oct'20Jan'21Apr'21Jul'21Oct'21Jan'22Apr'22Jul'22Oct'22Jan'23Apr'23Jul'23Oct'23Jan'24Apr'24Jul'24Oct'24$856.1M$1,109.2M$1,072.3M$1,192.0M$1,172.7M$1,140.4M$1,147.4M$1,277.5M$1,381.6M$1,586.0M
Value Sense
Actual Revenue
Forecast Revenue

GRMN Earnings History

Mar'15Jun'15Sep'15Dec'15Mar'16Jun'16Sep'16Dec'16Apr'17Jul'17Sep'17Dec'17Mar'18Jun'18Sep'18Dec'18Mar'19Jun'19Sep'19Dec'19Mar'20Jun'20Sep'20Dec'20Mar'21Jun'21Sep'21Dec'21Mar'22Jun'22Sep'22Dec'22Apr'23Jul'23Sep'23Dec'23Mar'24Jun'24Sep'24Dec'24
Revenue actual$585.4M$773.8M$679.7M$781.4M$624.0M$811.6M$722.3M$860.8M$638.5M$816.9M$743.1M$888.5M$710.9M$894.5M$810.0M$932.1M$766.1M$954.8M$934.4M$1,102.2M$856.1M$869.9M$1,109.2M$1,351.4M$1,072.3M$1,326.9M$1,192.0M$1,391.6M$1,172.7M$1,240.8M$1,140.4M$1,306.4M$1,147.4M$1,320.8M$1,277.5M$1,482.5M$1,381.6M$1,506.7M$1,586.0M$1,822.6M
Revenue estimate$466.6M$606.7M$606.7M$606.7M$606.7M$534.9M$534.9M$534.9M$555.1M$555.1M$555.1M$555.1M$585.4M$585.4M$585.4M$585.4M$731.0M$929.6M$929.6M$866.9M$1,009.4M$821.5M$658.8M$892.1M$1,182.8M$937.7M$1,111.0M$1,147.9M$1,359.8M$1,141.8M$1,339.5M$1,299.4M$1,077.8M$1,255.3M$1,205.3M$1,414.7M$1,250.6M$1,423.6M$1,443.9M$1,691.0M
Revenue surprise25.5%27.6%12.0%28.8%2.9%51.7%35.0%60.9%15.0%47.1%33.9%60.0%21.4%52.8%38.4%59.2%4.8%2.7%0.5%27.2%15.2%5.9%68.4%51.5%9.3%41.5%7.3%21.2%13.8%8.7%14.9%0.5%6.5%5.2%6.0%4.8%10.5%5.8%9.8%7.8%
EPS actual$0.35$0.72$0.63$0.70$0.46$0.85$0.66$0.73$1.27$0.94$0.81$0.74$0.69$1.01$0.98$1.01$0.74$1.18$1.20$1.90$0.84$0.96$1.64$1.74$1.15$1.65$1.35$1.49$1.10$1.34$1.09$1.53$1.06$1.51$1.34$2.83$1.44$1.57$2.08$2.27
EPS estimate$0.33$0.59$0.59$0.59$0.59$0.35$0.35$0.35$0.38$0.38$0.38$0.38$0.44$0.44$0.44$0.44$0.71$1.01$1.01$0.96$1.05$0.84$0.38$1.00$1.40$0.91$1.25$1.27$1.44$1.12$1.44$1.19$1.03$1.43$1.28$1.40$1.01$1.47$1.45$1.98
EPS surprise6.1%22.0%6.8%18.6%22.0%142.9%88.6%108.6%234.2%147.4%113.2%94.7%56.8%129.5%122.7%129.5%4.9%17.3%19.3%97.3%19.7%14.3%327.9%74.4%18.0%80.7%8.0%17.1%23.6%20.1%24.4%29.0%2.5%5.9%4.4%101.5%41.9%7.1%43.9%14.4%

Overview of financial statements

Income statement
Balance sheet
Cash Flow statement
$1,822.6M 22.9% YoY
$1,079.9M 25.0% YoY
59.3% margin
Cost of revenue
$742.6M 20.1% YoY
Operating income
$516.1M 51.6% YoY
28.3% margin
Other: $30.3M
Net interest: $30.4M
Operating expenses
$563.8M 7.7% YoY
Pre-tax income
$516.1M 34.7% YoY
28.3% margin
Net income
$435.7M (19.6%) YoY
23.9% margin
Income tax
$80.4M
15.6% tax rate
R&D
$258.8M 9.1% YoY
14.2% of revenue
SG&A
$305.1M 6.5% YoY
16.7% of revenue

Competing with GRMN Earnings

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Revenue
EPS
Last quarter Revenue growth
Last quarter EPS growth
Last quarter Revenue surpriseLast quarter EPS surprise
Next quarter Revenue growth
Next quarter EPS growth
Last 10 Earnings (how many miss vs beat)
1Y Fwd Revenue growth
1Y Fwd EPS growth
$44.2B
$6,296.9M
$7.36
22.9%
(19.8%)
Beat by 26.2%
Beat by 57.0%
(18.4%)
(33.7%)
Beats: 8
Misses: 2
6.6%
4.3%
$79.3B
$15.2B
$2.02
29.8%
44.2%
Beat by 6.3%
Beat by 23.6%
(9.1%)
(22.9%)
Beats: 9
Misses: 1
14.3%
8.2%
$45.9B
$15.9B
$6.31
0.1%
(69.5%)
Miss by 4.0%
Miss by 8.9%
6.2%
12.0%
Beats: 9
Misses: 1
3.8%
(22.5%)
$43.6B
$13.1B
$0.59
16.9%
N/A
Miss by 6.9%
Miss by 35.3%
0.2%
34.2%
Beats: 6
Misses: 4
16.6%
298.4%
$27.9B
$3,720.0M
$3.51
(100.0%)
(1.0%)
Miss by 100.0%
Miss by 38.2%
0.0%
64.2%
Beats: 9
Misses: 1
5.3%
96.5%
$27.6B
$6,231.8M
$2.39
71.0%
(18.7%)
undefinedN/A
undefinedN/A
(3.4%)
50.0%
Beats: 8
Misses: 2
2.9%
56.3%
$24.2B
$5,669.3M
$17.45
5.4%
(37.0%)
Beat by 6.1%
Miss by 14.5%
(5.5%)
18.2%
Beats: 8
Misses: 2
4.7%
23.8%
$17.7B
$3,632.3M
$5.99
(8.5%)
(43.3%)
Beat by 1.5%
Miss by 70.8%
8.1%
420.9%
Beats:
Misses:
(4.0%)
125.5%
$16.8B
$27.5B
$10.50
(16.6%)
(40.7%)
Beat by 6.2%
Miss by 59.9%
(8.4%)
104.8%
Beats: 9
Misses: 1
(5.5%)
(22.9%)
$14.6B
$23.9B
$2.39
(7.7%)
45.7%
Beat by 5.7%
Beat by 6.1%
(6.1%)
(1.3%)
Beats: 9
Misses: 1
(4.5%)
6.2%

FAQ

1. When was Garmin Ltd.'s last earnings date?

Garmin Ltd.'s last earnings date was Sep'24 (Q3 2024).

2. What is Garmin Ltd.'s EPS, and was there a surprise?

Garmin Ltd.'s EPS was $2.27, with a 14.4% beat.

3. What is Garmin Ltd.'s revenue, and was there a surprise?

4. What is Garmin Ltd.'s next quarter EPS estimate?

Garmin Ltd.'s next quarter EPS estimate is $1.90, with an expected 10.5% YoY growth.