Benzinga | Jul 28, 2021 07:06AM EDT

Garmin Q2 Adj. EPS $1.68 Beats $1.26 Estimate, Sales $1.33B Beat $1.11B Estimate

Garmin (NASDAQ:GRMN) reported quarterly earnings of $1.68 per share which beat the analyst consensus estimate of $1.26 by 33.33 percent. This is a 84.62 percent increase over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $1.33 billion which beat the analyst consensus estimate of $1.11 billion by 19.82 percent. This is a 52.90 percent increase over sales of $869.87 million the same period last year.