Garmin Ltd (GRMN) released a profit for its third quarter that Increases, from last year in line with the Street estimates.
The company's bottom line totaled $401.61 million, or $2.08 per share. This compares with $399.11 million, or $2.07 per share, last year.
Excluding items, Garmin Ltd reported adjusted earnings of $385.59 million or $1.99 per share for the period.
Analysts on average had expected the company to earn $1.99 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.6% to $1.770 billion from $1.586 billion last year.
Garmin Ltd earnings at a glance (GAAP) :
-Earnings: $401.61 Mln. vs. $399.11 Mln. last year.-EPS: $2.08 vs. $2.07 last year.-Revenue: $1.770 Bln vs. $1.586 Bln last year.
-Guidance:Full year EPS guidance: $8.15Full year revenue guidance: $7.10 Bln
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.