Why Is Garmin (GRMN) Down 1.6% Since Last Earnings Report? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Garmin Ltd. (GRMN)
Last garmin ltd. earnings: 4/29 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
garmin.com/en-us/company/investors
Company Research
Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Garmin due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Garmin's Q1 Earnings & Sales Beat Estimates, Rise Y/Y Garmin has reported first-quarter 2024 pro-forma earnings of $1.42 per share, beating the Zacks Consensus Estimate by 42%. The bottom line improved on a year-over-year basis. Net sales were $1.38 billion, which surpassed the Zacks Consensus Estimate of $1.24 billion. The figure increased 20% from the year-ago quarter. Year-over-year growth in the top line was attributed to strength in the Fitness and Auto OEM segments. The growing Outdoor and Marine segments contributed well. Segmental Details Outdoor (26.5% of net sales): The segment generated sales of $366.2 million in the reported quarter, increasing 11% year over ye
Show less
Read more
Impact Snapshot
Event Time:
GRMN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GRMN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GRMN alerts
High impacting Garmin Ltd. news events
Weekly update
A roundup of the hottest topics
GRMN
News
- Garmin Ltd. schedules second quarter 2024 earnings call [Yahoo! Finance]Yahoo! Finance
- Garmin Ltd. schedules second quarter 2024 earnings callPR Newswire
- Garmin unveils the Approach Z30 smart laser range finder with unparalleled integration to the Garmin golf lineup [Yahoo! Finance]Yahoo! Finance
- Garmin unveils the Approach Z30 smart laser range finder with unparalleled integration to the Garmin golf lineupPR Newswire
- Garmin Ltd. (NYSE: GRMN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GRMN
Earnings
- 5/1/24 - Beat
GRMN
Sec Filings
- 6/24/24 - Form 8-K
- 6/20/24 - Form 4
- 6/18/24 - Form 144
- GRMN's page on the SEC website