Garmin Ltd. (GRMN) has reported second-quarter 2024 pro-forma earnings of $1.58 per share, beating the Zacks Consensus Estimate by 12.9%. The bottom line improved 9% on a year-over-year basis. Net sales were $1.51 billion, which surpassed the Zacks Consensus Estimate of $1.44 billion. The figure increased 14% from the year-ago quarter. Year-over-year growth in the top line was attributed to the solid momentum in the Fitness, Marine and Auto OEM segments. Shares of Garmin have gained 37% year to date, outper ...

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Garmin (GRMN) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for nonrecurring items. This maker of wearable technologies is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +42.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This quarterly report rep ...

财务业绩 - 公司第二季度收入达15.07亿美元，同比增长14%[1] - 毛利率和营业利润率分别为57.3%和22.7%[3] - 营业利润达3.42亿美元，同比增长20%[1] - GAAP每股收益为1.56美元，非GAAP每股收益为1.58美元，同比增长9%[4] - 2024年第二季度营收为15.07亿美元，同比增长14%[50] - 2024年上半年营收为28.88亿美元，同比增长17%[50] - 2024年第二季度毛利为8.63亿美元，毛利率为57.3%[43] - 2024年上半年毛利为16.65亿美元，毛利率为57.7%[47] - 2024年第二季度营业利润为3.42亿美元，同比增长20%[43] - 2024年上半年营业利润为6.40亿美元，同比增长33%[47] 地区业绩 - 2024年第二季度美洲地区营收为7.41亿美元，同比增长15%[50] - 2024年上半年美洲地区营收为14.57亿美元，同比增长16%[50] - 2024年第二季度EMEA地区营收为5.42亿美元，同比增长18%[50] - 2024年上半年EMEA地区营收为10.05亿美元，同比增长24%[50] 其他财务数据 - 2024年6月29日现金及现金等价物为19.37亿美元[33] - 公司GAAP基本每股收益为1.57美元、1.51美元、3.00美元和2.56美元[56] - 公司GAAP稀释每股收益为1.56美元、1.50美元、2.99美元和2.56美元[56] - 公司基本加权平均普通股股数为192,074股、191,293股、191,982股和191,395股[58] - 公司稀释加权平均普通股股数为192,899股、191,597股、192,808股和191,741股[58] - 公司外汇收益和损失对现金影响很小[59] - 公司自由现金流分别为221,169千美元、620,301千美元和453,566千美元[62] - 公司2024年财务指引不包括外汇收益损失和特殊税务项目的影响[63][64][65] 业务发展 - 已向汽车OEM客户发货100万台域控制器[1] - Garmin Health已支持超过1,000项研究项目[1] - 全球员工人数超过20,000人[1] - 公司宣布每股0.75美元的季度股息[17] - 第二季度自由现金流为2.18亿美元[14]

Company reports record second quarter revenue and raises full year guidance Highlights for second quarter 2024 include: | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|---------------------|-------|---------------|---------------|----------------|-------|---------------|---------------| | | | | | | | | | | | (In thousands, except per share information) | 13-Weeks Ended | | | | 26-Weeks Ended | | | | | | June 29, | | July 1, | YoY | June 29, | | July 1, ...

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Here are some of the best human augmentation stocks to consider if you want to jump on board. Via its three business segments — Collins Aerospace, Pratt & Whitney and Raytheon — RTX manufactures a wide range of products, including human augmentation. They are for advanced situational awareness and sensing to enhance human capabilities in various scenarios, from the battlefield to commercial aviation to space exploration. Source: Karolis Kavolelis / Shutterstock.com Microsoft (MSFT) Indeed, it's safe to say ...

Per the terms, Alphabet's YouTube Music app is now available on Garmin IQ Connect smartwatches, allowing users to add playlists and podcasts to their devices. Garmin introduced the Force Kraken trolling motor series, available with a 48-inch shaft length for smaller boat sizes. Its wireless integration with Garmin chartplotters and smartwatches allows for easy route creation and installation of live sonar. Anglers can navigate from anywhere with the included wireless remote, and a compatible Garmin smartwat ...

Additionally, the company could be a top pick for growth investors. GRMN has a Growth Style Score of A, forecasting year-over-year earnings growth of 3.2% for the current fiscal year. One analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.03 to $5.77 per share. GRMN boasts an average earnings surprise of 18.9%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, GRMN should be on investors' short list. Zacks Premi ...

In the latest trading session, Garmin (GRMN) closed at $168.80, marking a +1.22% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%. The investment community will be closely monitoring the performance of Garmin in its forthcoming earnings report. The company is scheduled to release its earnings on July 31, 2024. It is anticipated that the company will report an EPS of $1. ...