Garmin Ltd. (GRMN) reported third quarter EPS of $1.02 Wednesday morning, compared to the consensus estimate of $0.69.
Garmin Ltd. has been declining for the bulk of Wednesday morning and is now trading lower by 2.93 at $28.48. The stock has been losing ground for the last week and a half and is now trading at a 2 1/2 month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.