Top Wall Street Forecasters Revamp Garmin Expectations Ahead Of Q4 Earnings

Garmin Ltd. (NASDAQ:GRMN) will release earnings for its fourth quarter before the opening bell on Wednesday, Feb. 18.

Analysts expect the Schaffhausen, Switzerland-based company to report quarterly earnings at $2.39 per share. That's down from $2.41 per share in the year-ago period. The consensus estimate for the company’s quarterly revenue is $2.01 billion (it reported $1.82 billion last year), according to Benzinga Pro.

On Oct. 29, the company reported third-quarter revenue growth of 12% year-on-year to $1.77 billion, beating the analyst consensus estimate of $1.76 billion.

Shares of Garmin gained 1% to close at $216.98 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate ...

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Top Wall Street Forecasters Revamp Garmin Expectations Ahead Of Q4 Earnings

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