Profile
Sector:
TechnologyIndustry:
Scientific & Technical InstrumentsCountry:
SwitzerlandIPO:
08 December 2000Website:
http://www.garmin.comNext earnings report:
N/ALast dividends:
13 September 2024Next dividends:
14 March 2025Price
after hours | Fri, 01 Nov 2024 22:44:12 GMTAnalysts recommendations
Institutional Ownership
GRMN Latest News
While it wasn't the most eagerly awaited report of the current earnings season, Garmin's (NYSE: GRMN) report released on October 30 could be considered the most thrilling.
GRMN's results for the third quarter of 2024 show strong growth in the Outdoor, Fitness, Aviation, Marine, and Auto OEM sectors. This positive performance highlights the company's strong momentum in these areas.
Garmin Ltd. (NYSE:GRMN) will hold its Q3 2024 Results Conference Call on October 30, 2024, at 10:30 AM ET. The call will feature company representatives, including Teri Seck, Cliff Pemble, and Doug Boessen, along with participants from various financial institutions. Thank you for joining us for this discussion on Garmin's performance.
The financial results for Garmin (GRMN) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
On Wednesday, Garmin increased its profit and revenue predictions for the year, anticipating a wave of new wearable product launches before the holiday season to boost demand. This news led to a 9.5% rise in the company's shares during premarket trading.
Garmin amazed investors with an outstanding quarter and raised its forecasts.
Assess Garmin's (GRMN) anticipated performance for the quarter that ended in September 2024 by going beyond the usual Wall Street revenue and profit predictions. Instead, focus on some important metrics to gain a clearer understanding of the company's outlook.
In the latest trading session, Garmin (GRMN) finished at $162.30, showing a slight increase of 0.23% compared to the day before.
Garmin (GRMN) has the right mix of factors that could lead to a strong earnings report in its next announcement. Be ready for the important expectations.
On the most recent trading day, Garmin (GRMN) closed at $167.58, which is an increase of 0.64% compared to its last closing price.
What type of business is Garmin?
Garmin Ltd. is a manufacturer of GPS navigation equipment and smartwatches. Garmin navigators are designed for various fields of application, including automotive, aviation, marine, tourism, and sports equipment, as well as equipment for wireless applications. The company was founded in 1989, with its headquarters located in Olathe, Kansas. Since 2011, Garmin has started selling navigators with GPS/GLONASS coordinate receiving function. In June 2021, Garmin introduced the new model of running watch Forerunner 945 LTE, which has the ability to connect to LTE network without a smartphone. In June 2021, Garmin also introduced the basic running watch Forerunner 55.
What sector is Garmin in?
Garmin is in the Technology sector
What industry is Garmin in?
Garmin is in the Scientific & Technical Instruments industry
What country is Garmin from?
Garmin is headquartered in Switzerland
When did Garmin go public?
Garmin initial public offering (IPO) was on 08 December 2000
What is Garmin website?
https://www.garmin.com
Is Garmin in the S&P 500?
Yes, Garmin is included in the S&P 500 index
Is Garmin in the NASDAQ 100?
No, Garmin is not included in the NASDAQ 100 index
Is Garmin in the Dow Jones?
No, Garmin is not included in the Dow Jones index
When was Garmin the previous earnings report?
No data
When does Garmin earnings report?
Next earnings report date is not announced yet