Garmin Ltd. (NYSE: GRMN) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
According to the predictions of financial experts on Wall Street, the organization is set to unveil an estimated $1.44 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $1.44 billion for the specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $5.99 billion. Additionally, they are expecting the company to report profit of $6.08 per share for the full year 2024.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.41. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.28 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.58 | +9.0% | 1.51 B | +14.1% |
| Q1 2024 | $1.42 | +39.2% | 1.38 B | +20.5% |
| Q4 2023 | $1.72 | +27.4% | 1.48 B | +13.6% |
| Q3 2023 | $1.41 | +13.7% | 1.28 B | +12.1% |
| Q2 2023 | $1.45 | +0.7% | 1.32 B | +6.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 30th October 2024 at 10:30 AM eastern time, in a conference call with public.
Garmin Ltd. (GRMN) closed Monday's regular trading session at $166.29, demonstrating a 2.46 percent increase, with a volume of 950.60 thousand shares.
